Entries by Ricky Steedman

Petrol Prices Push Inflation Up

Inflation has been pushed up to a four month high due to higher petrol prices.

The Office for National Statistics reported this morning that inflation rose to an annual rate of 3.2 percent on October. Most economists had predicted the …

Fears Over Job Prospects Dent Consumer Confidence

Fears over the prospect of unemployment have dented consumer confidence, a new survey has revealed.

The British Retail Consortium (BRC) runs quarterly surveys in consumer confidence, with the latest results showing that 28 percent of people interviewed thought that job …

Millions “Wasted” in Public Spending

Hundreds of millions of pounds can be saved in public spending according to Sir Philip Green, a billionaire businessman who recently scrutinised the government’s books.

Sir Philip, who has a reputation for making shrewd cost cutting decisions, was appointed in …

Interest Rates Kept at 0.5%

British interest rates are to be kept at a record low of 0.5% for the 19th month in a row by the Bank of England.

It was widely expected that the rate would be maintained at this level, despite one …

£900 Million Tax Crackdown Planned

£900 million will be spent by the Treasury in an attempt to clampdown on tax evasion, chief secretary to the Treasury Danny Alexander has revealed.

In a move that seeks determined action against tax evasion, the aim is for a …