London overtakes New York as the world’s financial centre
London is the world’s financial centre, according to a recent survey of industry professionals.
The city overtook New York in terms of business environment, quality...
UK was far less productive than other G7 nations in 2014
The UK was much less productive in 2014 compared to other G7 nations.
According to official data released on Friday, the UK lagged behind its...
Osborne confident in Chinese economy, calls for stronger UK-China relations
George Osborne delivered a speech on Sunday highlighting his confidence in the Chinese economy and desire for the UK to forge a better relationship with...
Quantitative Easing tapering – who benefits and who suffers?
While some countries will benefit from Quantitative Easing tapering, others will suffer, says a global poll including over 1,000 business decision makers released today...
US Federal Reserve ending quantitative easing program
The US Federal Reserve has announced that it will be ending its quantitative easing (QE) program. Former head of the Federal Reserve Ben Bernanke...
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...
Consumer credit surged in April, US
Consumer credit surged in April in the United States to $3.18 trillion, an increase of $26.85 billion or 10.2% (annual rate), following a revised...
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...
US factory orders increased in March, first rise in eight months
US factory orders increased in March after seven consecutive months of declines, according to the US Commerce Department.
The rebound was boosted by demand for...
US producer prices rose in May on higher gasoline and food costs
US producer prices increased in May as the cost of gasoline and food rose.
According to the Labor Department, the producer-price index (PPI) for final...