Chancellor George Osborne turned to the Bank of England on Wednesday to help galvanise a stagnant economy which he said would grow this year at just half the rate previously expected. Full Article
LONDON - Chancellor George Osborne said on Thursday an International Monetary Fund forecast that Britain is likely to miss his budget deficit forecasts means people should vote for the Conservative Party next month.
LONDON - British house prices grew at their fastest pace in five months in March, fuelled by a shortage of properties, a survey showed on Thursday, adding to other signs that a cooling of the market may be ending.
BEDWORTH, England - Joe Terrence is the kind of voter, fed up with falling living standards, that David Cameron must try to win over if he is to remain prime minister next month.
LONDON - British companies have spent more on marketing for the 10th consecutive quarter, reflecting optimism about the economy despite concerns over next month's election, according to an industry survey on Thursday.
SWINDON/LONDON - Prime Minister David Cameron launched his party's pre-election policy manifesto on Tuesday, promising to deliver the "Conservative dream" of a home-owning democracy, where over 1 million more families could buy their homes cheaply.
LONDON - British consumer price inflation held steady at a record-low zero percent in March, official figures showed on Tuesday, boosting households' disposable income before May 7's election.
LONDON - British retail spending rose at its fastest annual rate in almost a year last month, boosted by Easter falling a month earlier than in 2014, an industry body said on Tuesday.
MANCHESTER/LONDON - Opposition Labour leader Ed Miliband tried to overturn a damaging perception his party cannot be trusted on the economy, unveiling a manifesto he said showed it had the most responsible plan to manage Britain's finances.
LONDON - British economic growth probably held at 0.6 percent in the first quarter of this year, the same pace as at the end of last year, the National Institute of Economic and Social Research said on Friday.
Chancellor George Osborne looks to the Bank of England for more help. Full analysis from the NAB trading floor with currency strategist Nick Parsons and head of market economics Tom Vosa. Video
We’re now in a world where the wonkiest columnist in the driest newspaper in Britain is stating his case far more simply and clearly than a populist PR man turned PM. Commentary
When words and actions don’t match up, the problem is usually overly ambitious promises. In the debate on economic policy in the UK, the failure is in the present – the government’s description of fiscal and monetary policy flies in the face of reality. Commentary
Does devaluation still work? In the era after the financial crisis of 2007-08, there is mounting evidence that devaluation may not be able to help kick-start a stalled economy as readily as it may once have done. Commentary
To tackle debt Osborne needs to protect tax revenue. To maximise revenue, and appease recession-restless voters, he needs to promote economic growth. He could do all three by stamping on the UK’s property transaction tax and closing a crucial loophole. Commentary
You may say that our dreadful growth is the result of a lack of fiscal strategy, but this would be wrong. The trouble is that the economic strategy Osborne has adopted takes a long time to bear fruit and is fairly anti-growth, at least for the first few years. Commentary