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The economy

Economic recovery remains 'fragile'

The UK’s economic recovery, although in progress, is fragile and could be put at risk by the eurozone debt crisis and turmoil in the financial markets, the British Chambers of Commerce (BCC) has warned.

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Interest rates must go up, warns leading think-tank

UK interest rates will need to rise by the final quarter of the year at the latest, the Organisation for Economic Co-operation and Development (OECD) has said.

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Business support must not 'fall victim' to spending cuts

The government has announced that the Department for Business, Innovation and Skills (BIS) is to lose £836 million from its budget as part of an initial £6 billion of spending cuts.

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Pay rises remain under pressure

Firms are beginning to hire again as they recover from the recession, but above-inflation pay rises are still a rarity, a new survey has revealed.

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Small firms want the Budget to tackle the deficit

Two new surveys have revealed that large numbers of smaller businesses regard the reduction of the national debt as a priority for the emergency Budget.

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A New Budget: 22 June 2010
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