Business

India GDP growth 4.6% in Q1 2014

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India GDP growth of +4.6% for the first quarter of 2014 (the fourth quarter of India’s financial year) was the same as in the...

UK 2014 economic forecast will be a 7-year high

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The British Chambers of Commerce (BCC) has upgraded its UK 2014 economic forecast to 3.1% from 2.8%, while its 2015 forecast has increased to...

May UK economic growth record high

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May UK economic growth came in at a record high, according to data released by the the Confederation of British Industry (CBI). May's figure...

Asia faces five challenges, says IMF

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According to the IMF’s Finance & Development magazine, Asia faces five challenges: promoting financial development, stemming increasing inequality, coping with an aging population, improving...

Minority entrepreneurs face discrimination

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When seeking a business loan, minority entrepreneurs face discrimination in the US, a new study published in the Journal of Consumer Research reports. Small-business...

April Eurozone Leading Economic Index down, The Conference Board

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The April Eurozone Leading Economic Index declined slightly (0.1%) compared to March, driven mainly by the falls in the Economic Sentiment Index and Markit...
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French tax income 14 billion euros short

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President François Hollande assured everybody when he came into power two years ago that French tax income would increase if he dramatically raised income,...

US Consumer Confidence improves but housing mixed

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The US Consumer Confidence Index improved moderately in May after falling in April, says The Conference Board. The Consumer Confidence Index edged up from...

TSB flotation announced

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Lloyds Banking Group has announced a 25% TSB flotation (IPO) set for the end of June, with small investors receiving one free share for...

Tax crackdown nets £23.9 billion in extra revenue, UK

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The tax crackdown by the UK government has resulted in a record £23.9 billion in additional tax revenue compared to last year, says HM...