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The economy

Bank of England still cautious on economic recovery

The Bank of England has left itself the option of pumping more money into the economy should the recovery begin to falter next year.

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Savers could be hampering economic recovery

The number of households that are using their money to pay down debts or to boost their savings is on the increase and could be having an adverse effect on the economic recovery.

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Economy set to escape recession by end of the year

The UK economy is set to emerge from the recession during the fourth quarter of 2009, the CBI has forecast.

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Widespread pay sacrifices 'save' jobs

It has been estimated that a half of UK employees have made some form of pay sacrifice during the recession in an effort to preserve jobs.

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Consumers spending more on environment friendly goods

UK households are upping their spend on green goods and services, albeit slowly, a new report has revealed.

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Pre-Budget Report 2009: business reaction

Business groups greeted the Chancellor’s pre-Budget Report with a mixture of encouragement and dismay.

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Pre-Budget Report 2009: an overview

The Chancellor, Alistair Darling introduced a pre-election pre-Budget Report to the Commons that would, he said, “build a strong economy and a fair society”.

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'Increase' VAT to cut public finance gap

The government should consider a rise in the rate of VAT as a way of closing the gap in public finances.

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Business groups' wish lists for the pre-Budget Report

Over the past weeks, business organisations have been submitting their recommendations to the Chancellor ahead of the pre-Budget Report.

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