Yvonne Schneider

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UK business optimism highest since 1990s

Optimism among firms reached its highest level in more than two decades in January, according to a report by the accountants and business advisers BDO.<p>The BDO optimism index, which predicts performance two quarters ahead, reached 103.8 in January, up from 103.4 in December.<p>It is the highest reading …

More than half of Britons cutting back on heating, shopping and takeaways

More than half of Britons are cutting back on heating, takeaways and clothes shopping, with the number of people worrying about having enough money to make ends meet having risen for the first time since 2011.<p>Market research firm Nielsen said 60% of Britons are seeking to reduce their electricity …

UK shop prices fall for ninth consecutive month

Prices in Britain's shops fell at the fastest rate in more than seven years in January as retailers resorted to aggressive discounting on clothing, furniture and electrical goods to encourage consumers back into stores after the festive period.<p>Shop price deflation accelerated to 1% last month from …

Investment Is Key to Unleashing the Power of Britain's Creative Industries

If ever there was a sign of the changing nature of British enterprise, it was the recent publication of the CBI's new 'Creative Nation' report.<p>Here …

Lord Turner: UK economy is like 90s Japan

City regulator during the 2007/8 crisis says that the UK has not rebalanced its economy, and risks further shocks as a result<p>Lord Turner has warned that the UK has failed to rebalance its economy and is simply repeating the errors made in the run-up to the 2007/8 financial crisis.<p>The self-styled …

UK economy to grow by 2.5% this year, says NIESR

<b>The UK economy will grow by 2.5% this year and 2.1% in 2015, the National Institute of Social and Economic Research (NIESR) has forecast.</b><p>The think tank said the UK's economic recovery had become "entrenched".<p>The estimates are broadly in line with those of other forecasters, including the UK's …

UK Economy

CBI: UK seeing 'right kind of growth'

<b>The UK economy is starting to see the right kind of growth, says employers' organisation the CBI.</b><p>"Our forecast shows encouraging signs that business investment and net trade are starting to play their part," said CBI boss John Cridland.<p>He said the recovery was not a "debt-fuelled, housing …

Economic Development

Living wage is answer to pay squeeze, says Archbishop John Sentamu

<b>Rising living costs and stagnating wages are creating a "double squeeze" on the lowest paid, a senior churchman has said.</b><p>Archbishop of York John Sentamu said that millions of workers might not benefit from the economic recovery unless they were paid the living wage.<p>An independent commission, that …

Income Inequality

UK Trade Deficit Narrows Sharply; Manufacturing Growth Disappoints

The UK’s trade deficit narrowed sharply in December 2013, according to figures released today by the Office for National Statistics (ONS). However, …

UK struggles to stay in global economy 'premier league'

Britain is struggling to stay in the "premier league" of countries ranked by the consultants PwC after suffering more grievously than rival nations in the slump of 2008-09.<p>PwC's Escape index – which looks at a range of economic, political, social, technological and environmental indicators of …

UK services activity slows in January | Financial Times

Activity in the dominant UK services sector fell back slightly in January, with new business activity at its lowest level in eight months.<p>The …

Economy recovering 'at rapid pace'

The UK economy continues to recover at a "rapid pace" despite growth in the dominant services sector slipping to a seven-month low last month.<p>The …

UK Economy

Small Investments in Employee Engagement Could Give UK Economy £49bn Boost

Small investments in employee engagement for low wage, low skilled workers could see a further £49bn contributed to the UK economy and help reduce …

Travelodge expansion to create 1,000 jobs across Britain this year

A hotel chain is to create 1,000 jobs across the UK this year under a £100m investment programme.<p>Travelodge said it will open 15 new hotels, adding to the 500 it already runs, with five of the new ones located in London, strengthening its position as the biggest hotel group in the capital.<p>New …

Latest news from around Great Britain - MSN News UK

Labour is 'biggest threat to UK economic recovery'

George Osborne celebrates figures showing UK economy growing solidly with an attack on the Labour Party<p>The Labour Party is now the "biggest threat" to Britain's economic recovery, George Osborne has declared.<p>The Chancellor said that the Opposition's plans to increase the top rate of income tax to …

Rise in number of older workers set to drive UK economy | Financial Times

Britain’s economy will receive a significant boost during the next two decades if the number of older people at work continues to increase and …

UK economy growing at fastest rate since 2007

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/politics/1047000/1047859_h264_1500k.mp4?__gda__=1532454232_573ed16e33cc887b9b1625972f394af5<p><b>The UK economy grew by 1.9% in 2013, its strongest rate since 2007, according to the Office for National Statistics (ONS).</b><p>But growth in gross …

Economics