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The economy

What the political parties are promising

With the election looming, the main political parties have outlined what they intend to do on business support and tax.

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Budget 2010: an overview

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

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Increasing VAT could 'hit' the recovery

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

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Recession over, official figures declare

The UK economy has finally emerged from one of its deepest economic downturns.

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Economy facing weak recovery

The UK economy is showing signs of recovery but progress is still weak, a new survey has revealed.

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Government sets out business growth strategy

The government has launched a plan for boosting business growth in the UK.

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Tax rises 'dampen' consumer optimism

Prospective tax rises and the return of VAT to the old rate of 17.5 per cent may have had an adverse effect on consumer confidence.

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Online sales enjoy seasonal boost

Online businesses saw sales soar during the Christmas period.

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Services sector shows signs of continuing growth

Indications that the UK economy is emerging from recession were reinforced by new figures detailing an upturn in growth in the services industry.

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