UK economy
In Britain, the Bank of England sets the key interest rate, with the aim of keeping inflation at a set target rate. Other key economic data to watch include house prices, retail sales and employment data.
Recent articles
(3)
(24 November 08)
As the Chancellor delivers his pre-Budget report today, all eyes are on the size and scope of his fiscal boost. Will it be tax cuts, increased spending, or both? What will the effect be on the ailing public finances? And will any of it matter?
(21 November 08)
A few months ago, everyone was worried about inflation. Now all talk is of a deflationary spiral. So are we destined for the same fate as Japan?
(21 November 08)
The rest of the world seems reluctant to sign to up 'Gordonomics'. The recent slide in sterling is hardly an endorsement of his stewardship, and his plans to cut taxes by borrowing won't stimulate anything bar his approval ratings.
