London is the fifth most expensive city in the world
London is the world’s fifth most expensive city to live in, after Zurich, Geneva, New York City, and Oslo, according to a recent report...
Universal health coverage makes perfect economic sense
Are there economic benefits of universal health coverage? A recent study published in The Lancet, led by Lawrence H. Summers, President Emeritus at Harvard...
US investors remain confident in domestic capital markets, less so in overseas markets
US retail investors are confident in domestic capital markets, but are becoming more wary of markets overseas, according to the latest Center for Audit...
Increasing investor interest in cloud computing and mobile tech
According to Deloitte’s "2015 Global Venture Capital Confidence Survey”, there is positive sentiment among investors in new and emerging technologies such as the Internet...
NS&I cutting ISA rate for over 400,000 savers
National Savings & Investments (NS&I) announced that it will be cutting the rate on its tax-free ISA account from 1.5% to 1.25% in November.
As...
Growing vulnerabilities in major emerging economies
Financial investors are becoming more concerned about the growing vulnerabilities in major emerging economies, particularly China, as they reassess the global growth outlook, according...
Earnings in the UK rose 2.9% in the quarter to July
Economists expect that average earnings in the UK rose 2.9 percent over the three months to July compared with a year ago.
Inflation in July...
UK FTSE 100 down 1.18 percent to 6155.81
The UK FTSE 100 dropped on Thursday by 1.18 percent, or 73.20 points, to 6155.81.
The drop came after the Bank of England voted to...
Bank of England votes to hold interest rates at 0.5 percent
The Bank of England voted in favor of keeping interest rates at a record-low of 0.5 percent.
Policymakers voted 8-1 to keep rates at the...
UK industrial output plunged in July
UK industrial production in July was very weak and exports dropped the most in nine years, according to official figures released by the Office...