Bank of England warns Greek debt crisis could delay interest rate rise

Bank of England policymakers are concerned that backsliding in talks to resolve the Greek debt crisis could delay Britain’s first interest rate rise in eight years, but admitted that the prospect of a hike is increasing as the UK economy strengthens.

EU budget: Britain must pay 'and that's that' says MEP

Europe expects the UK to pay an extra £1.7bn towards the EU budget "and that's that", a vice president of the European Parliament has said.

Record fall in youth unemployment pushes UK jobless rate to six-year low

A record fall in youth unemployment has pushed the jobless count to its lowest level for more than five years despite “dismal” wage growth, figures showed today.

Many investors face Scotland exit risk unprotected

(Reuters) - Less than two months before an independence vote that could ultimately tear apart a G7 country, investors in financial markets seem largely unmoved.

UK economic growth boosted by business investment

UK economic growth in the first quarter was helped by the fastest expansion in business investment in two years, official figures have shown.

UK economy grows by 0.8% in first quarter

The UK economy grew by 0.8% in the first quarter of 2014, according to the latest figures. It marks the fifth consecutive period of GDP growth - the longest positive run since the financial crisis.

UK manufacturing growth remains strong

The UK's manufacturing sector continued to see strong growth last month, according to a closely watched survey.

UK manufacturing continues 'solid' growth

UK manufacturing continued to grow strongly in October, making a "solid start" to the final quarter of the year, a closely-watched survey says.

UK's economic growth prompts foretaste of election battle

Britain's strongest growth in more than three years has provided a foretaste of the looming general election battle as the Conservatives and Labour clashed over the state of the economy.

UK inflation dips as rise in cost of fuel and clothing eases

Inflation eased down to 2.7% in August thanks to smaller price rises for petrol and new autumn fashion ranges but the cost of living continued to outstrip pay rises.

Growth boost puts Labour on back foot

David Cameron and George Osborne were handed a precious weapon against Labour's attacks on their economic policies on Thursday as it emerged that the recovery picked up pace between April and June.

ECB's Mario Draghi spots 'encouraging' UK economy signs

European Central Bank (ECB) president Mario Draghi has said he sees "encouraging signs of tangible improvements" in the UK economy.

Sir Mervyn King: stop 'demonising' bankers

Sir Mervyn King, the outgoing head of the Bank of England, has called for an end of banker bashing saying it’s wrong to “demonise individuals” for the failure of the financial system.

UK trade deficit at 15-year high

The UK's trade gap widened sharply in June, to its worst level since comparable records began in 1997.

HSBC to refocus on Asia as £14bn profit looms

The London-based bank is set to say at its annual results that it will focus its efforts on growing economies such as China at the same time as maintaining its market share in lower growth Western economies such as the UK.

UK to narrowly escape recession, European commission forecasts

The UK will narrowly escape recession in the first half of this year as Europe as a whole stagnates and the eurozone suffers a short-lived, "mild" contraction, according to the latest forecasts from Brussels.

High executive pay 'corrosive' to the UK economy, report warns

Government action to curb boardroom pay becomes more likely as an influential group with the ear of the business secretary, Vince Cable, publishes proposals to reduce the pay gap.

Exports could give economy £20bn lift, says CBI report

he government should reorientate the UK economy towards exports, which could add £20bn to the UK economy by 2020, business group the CBI has said.

Global economic crisis threatens UK, says Balls

The UK economy faces a lost decade of economic stagnation due to the ‘deepening crisis’ in the world economy, shadow chancellor Ed Balls warned the Labour Party conference today.

He called on the government to implement a five-point plan to boost demand in the economy, including reversing January’s VAT rise and bringing forward more infrastructure development.