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The economy

Online sales show return to form

Internet shopping recorded a 15.7 per cent rise in July compared with the previous month, a new survey has revealed.

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Upturn in business confidence heralds 'end' of recession

A surge in confidence among business professionals could suggest that UK is about to emerge from the recession.

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Fall in tax receipts means VAT to rise as planned

There seems no prospect that the cut in VAT will be extended beyond the planned end of the year reversion to the old rate after it was revealed that tax revenues have fallen sharply.

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Bank may yet pour more money into the UK economy

The minutes of the Bank of England’s Monetary Policy Committee (MPC) meeting this month suggest that more money may yet be flooded into the economy in an effort to beat off the threat of deflation.

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Tax plans would help high streets recover

The Chancellor has been urged to drop VAT on energy efficient domestic appliances in a scheme that would mirror the car scrappage programme.

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Drop National Insurance increase to save jobs

The government has been urged to scrap plans to increase National Insurance payments in response to rising unemployment figures.

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Firms say jobs still under pressure

Jobs continue to be at risk during the economic downturn, with a significant proportion of employers contemplating redundancies over the next six months.

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Conditions improve for smaller manufacturers

Trading conditions may not be quite as gloomy for UK manufacturers than they were three months ago, according to the latest CBI survey.

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Drop in sick leave at private sector firms

Employees working for private firms are taking less time off sick, a new report has revealed.

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New tax measures could harm business

Increases in business and personal tax pose a risk to the health of the UK economy, a survey has suggested.

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