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Bank of England holds rates again

Digital Desk -
The Bank of England has marked seven years of record low interest rates by keeping the cost of borrowing on hold once again. All nine...
BUSINESS

George Osborne announces cut in UK’s corporation tax

Digital Desk -
Tough-talking British Chancellor George Osborne has promised further cuts to corporation tax after he announced in today's Budget a cut in the UK's corporation...
#EUREF

Britain’s trade gap with EU in January at highest level on record

Digital Desk -
Britain's trade gap with the European Union (EU) in January grew to the highest level on record, focusing attention on the UK's biggest economic...
BUSINESS

Eurozone ‘something we should all be concerned about,’ says former BoE bos

Digital Desk -
The euro area has been, if not an economic disaster, a "very serious problem" affecting Britain, the former governor of the Bank of England...
#EUREF

Brexit would hit our customers, says Barclays

Digital Desk -
Barclays has waded into the debate over Britain's membership of the European Union, claiming a Brexit would leave customers worse off. The chairman of the...
BUSINESS

ECB executive warns against leaving interest rates too low for too long

Digital Desk -
A prominent member of the European Central Bank's Monetary Policy Council is warning about the risks of excessive stimulus and leaving interest rates too...
BUSINESS

Pound hits lowest mark against dollar for almost seven years

Digital Desk -
The pound remains under pressure after dropping below 1.40 US dollars for the first time in nearly seven years amid uncertainty over the UK's...
BUSINESS

European Commission cuts economic growth forecast

Digital Desk -
The European Commission has cut its forecast for economic growth in the Eurozone this year. It has cut its prediction for the 19-country bloc in...
BUSINESS

European Commission prepares new tax-avoidance proposals

Digital Desk -
The EU’s clampdown on corporate tax avoidance will intensify today as the European Commission prepares to unveil a set of proposals in Brussels. Among the...
BUSINESS

Amazon to hire 2,500 permanent UK staff

Digital Desk -
Amazon is to hire 2,500 permanent staff in the UK this year, boosting its workforce there to more than 14,000. They will be employed across...
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