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The economy

OBR upgrades UK growth forecast for 2017

UK growth has now been forecast at 2% in 2017, up from the 1.4% previously predicted.

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Industrial strategy announced

The government has published its industrial strategy green paper outlining plans to improve the country’s productivity and infrastructure.

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UK inflation rate rises to 1.6%

The consumer prices index measure of inflation rate rose to 1.6% in the year to December 2016.

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BCC: economic growth to slow

Economic growth is set to slow over the next 2 years, according to the British Chambers of Commerce.

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Inflation measure to change from March 2017

The Office for National Statistics will begin using CPIH to measure inflation from March 2017.

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Firms prepare for economic uncertainty

How optimistic is your business? Domestic sales and profit growth are expected to slow down in the next 12 months.

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Chancellor’s speech: business reaction

A round-up of the business reaction to Philip Hammond's speech at the Conservative party conference.

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Employment grows but skills shortage still a concern

The number of people in work rose by 176,000 to 31.7 million between March and May 2016.

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Productivity fell in final quarter of 2015

Labour productivity fell by 1.2% in the final quarter of 2015, according to latest figures by Office for National Statistics.

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Trade deficit falls

UK’s trade deficit fell to £3.2 billion in November 2015, a narrowing of £0.3 billion from October 2015.

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