Markets & Economy

  • 25 May 2013

    HIGH-Street banks cut net lending to non-financial companies by the highest amount this year in April, according to figures that may renew concerns about the supply of credit to businesses.

  • 25 May 2013

    Blue-chip shares slipped back again as the FTSE-100 Index continued its retreat from near-record highs after a previous session that saw the London market's biggest fall in a year.

  • 24 May 2013

    HOPES that the UK economy might at last be establishing a slightly firmer footing have been dealt a significant blow by official figures showing household spending grew just 0.1% in the first quarter, while exports and investment fell sharply.

  • 24 May 2013

    The EU has withdrawn proposals which could have increased UK pension scheme deficits by 50%.

  • 24 May 2013

    COMPANIES engaged in the North Sea well services sector have generated the highest level of gross revenue since 1996, with recruitment of technicians and graduate engineers also on the up.

  • 23 May 2013

    UK retail sales volumes tumbled by 1.3% month-on-month in April, according to official figures which wrongfooted the City and underlined the continuing weakness of the economy.