David Cameron disagrees with the Pope regarding press freedom
Free press includes offending other religions and not expecting a punch, British Prime Minister David Cameron said, which contradicted what the Pope said. The...
No rate rise before 2016, and inflation below 1% for most of 2015, says...
The UK-based economic forecasting group, the EY ITEM Club, predicts that inflation will remain below 1% for most of 2015 and interest rates will...
John Laing to announce £1bn stock market float
John Laing, British developer and operator of privately financed, public sector infrastructure projects, is expected to announce its £1bn stock market float on Monday.
The initial public...
Liberal Democrats pledge to keep education budget and eradicate child illiteracy
Child illiteracy will be eradicated by 2025 and we will not cut the college, school and nursery budgets after the general election, the Liberal...
Swiss franc surge causes chaos in currency markets
The currency markets have been in chaos because of the sudden decision by Switzerland to remove its currency peg to the euro.
The Swiss...
World Bank lowers global economic growth forecast
The World Bank forecasts the global economy will grow by 3% and 3.3% in 2015 and 2016 respectively, which is less than 3.4% and...
Osborne calms Brits’ low inflation fears, and urges ECB to take action
While attempting to calm fears that low inflation will damage the UK’s economic prospects, Chancellor George Osborne will urge the European Central Bank (ECB)...
Alberta may be sliding into recession following oil price crash
Alberta, Canada’s richest province, could be sliding into recession as investment in the petroleum sector nosedives following plunging global oil prices.
The Conference Board of...
UK December inflation halves to 0.5% from 1% in November
UK inflation in December halved to 0.5% (annualized) from 1% in November. Consumer price inflation fell to its lowest level in nearly 15 years...
Business outlook positive, says Bank of Canada report
The Bank of Canada’s winter Business Outlook Survey predicts continued strengthening demand, especially among exporting companies and manufacturers. However, for firms linked to the...