The economy

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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Pre-Budget Report must 'support' business investment

The Chancellor should use the pre-Budget Report to provide firms with the sort of financial environment necessary for progressive investment.

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Economy still contracting but at slower rate

The UK economy is still shrinking but at a more moderate rate.

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Firms finding it harder than ever to secure finance

Increasing numbers of small and medium-sized businesses are struggling to access the finance they need in order to grow.

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Economy 'just starting out' on road to recovery

The UK is entering the early stages of its recovery from recession but still faces many challenges, Mervyn King, the Governor of the Bank of England has said.

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Job losses predicted to continue into the recovery

Employers look set to shed more jobs in the final quarter of the year, suggesting that the UK labour market will remain under pressure even as the economy emerges from the downturn.

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