UK economy

Big Ben and tube station

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)

Gordon Brown © Bloomberg

When will politicians catch up with economic reality?

(20 November 09)– Subscriber only Secure padlock

It is now almost two years since the credit crunch struck. Yet to listen to the political debate, you'd think nothing much had changed, says Matthew Lynn.

New FSA powers: more spin than substance

(20 November 09)

The City is up in arms over government plans to tackle bankers' bonuses. But there are very few genuinely new powers; it's just an attempt to paint Labour as tough on bonuses.

British soldiers in Afghanistan © Bloomberg

MoD bonuses: a 'travesty of justice'?

(20 November 09)

The £47m handed out to officials in the Ministry of Defence is part of the bonus culture that has grown beyond banking to become pervasive in the public sector too.

Older articles (10)