UK inflation rate falls to 2.7% in August

UK inflation measured by the consumer prices index (CPI) fell to 2.7% in the year to August, from 2.8% in July.It means prices are still rising faster than wages, which rose by 1.0% on average over th...

By BBC | Published: 17 September 2013


BoE signals retreat from quantitative easing

The Bank of England's interest rate-setting committee signalled on Wednesday that it was retreating from quantitative easing as a means of stimulating the economy, preferring a more "mixed" strategy i...

By Business reporter | Published: 17 July 2013


UK inflation rate rises to 2.9% in June

The rate of consumer price index (CPI) inflation increased to 2.9% in June, up from 2.7% in May, according to the Office for National Statistics (ONS).The figure, a 14-month high, was lower than the ...

By BBC | Published: 16 July 2013


New London finance jobs rise 20%

London - The number of job vacancies in London's financial services sector rose 20% between April and May as employers took comfort from more stable financial markets, a recruiter said on Monday.Job v...

By Reuters | Published: 10 June 2013


Cyprus clinches last-minute deal, uninsured depositors lose out

Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return f...

By Staff Reporter | Published: 10 June 2013


If you thought Zimbabwe's Gono was bad, what about Cyprus

Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe's debt c...

By bloomberg | Published: 10 June 2013

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