The economy

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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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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