Figures released show the German economy grew by 2.2%, in the second quarter of 2010, which is much much higher than economic experts predicted. It is the fastest growth in a quarter since 1990. It is great news for countries in Europe and particularly those countries who trade with Germany. It is believed that the [...]
Today the Office for National Statistics (ONS) announced that the Gross Domestic Product (GDP) in the 2nd Quarter had increased to 1.1% growth, this figure is preliminary however it has completely stunned economists and politicians who were expecting just about to achieve the target of 0.6%. There was significant growth in the services sector such as business and [...]
So 41 days after entering Downing Street, the Coalition Government as promised have delivered their emergency coalition budget. As the Chancellor started the budget speech, the House of Commons chamber was packed, with many MPs and indeed Peers including Margaret Thatcher and Nigel Lawson having to watch from the gallery. Chancellor George Osborne outlined where [...]
Today was the day we finally learnt where the cuts would happen. Chancellor George Osborne and Chief Secretary to the Treasury David Laws outlined where the £6 billion worth of cuts in public spending would lie. There will be immediate spending cuts in order to pay off some of the deficit. With the axe falling [...]
The latest GDP figures from the final quarter of 2009, have confirmed that the UK has come out of recession. With economic growth of 0.1%, a little less than expected but now the focus is on maintaining growth. The worst possible thing what could happen is the start of radical cuts which the Conservative’s are [...]
Below is the link to the 150 page report issued for the General Election 2010 by the Labour party, which sets out the real cost of the Tories tax policy. Click to see the report
With today’s news that the Bank of England will be injecting another £50 billion into the economy taking the total so far injected by the Bank of England to a staggering £175 billion, is the money from the Bank of England getting to businesses? Many think not, but we will not see if this quantitative [...]
