Bank of England monetary policy a short-term balm says Haldane
Current monetary policy adopted by the Bank of England is just a short-term balm – one that cannot completely insulate the United Kingdom from...
UK construction in recession housebuilding and infrastructure down
UK construction is officially in recession, figures show, as infrastructure and housebuilding output both declined in the second quarter of 2016. Economists fear this...
Many companies overcharging for credit card use
Dozens of organizations - including major airlines, travel firms, local authorities and insurers - are breaking the rules and overcharging for credit card according...
Pokémon Go has been installed by 6.1 million UK adults, 87% still use the...
Pokémon Go appears to have been a huge success in the United Kingdom, according to data compiled by pollster YouGov.
The massively popular augmented reality...
IMF warns that China’s credit growth is unsustainable
The International Monetary Fund warned that China’s credit growth is unsustainable.
In this context, 'unsustainable' means that debts in China will face serious problems.
Concern about...
Construction output in the UK dropped by 0.9% in June
Construction output in the UK dropped by 0.9% in June, slightly lower than economists had expected, following the 2.1% fall in May.
Construction in June...
Employers who failed to pay minimum wage ‘named and shamed’
The UK government have named 197 employers who failed to pay their workers the national minimum wage. The list is the longest published since...
TUI reports no slowdown in UK holiday bookings following Brexit vote
TUI, the world’s largest travel and tourism company, reported no slowdown in UK bookings following the Brexit vote in June.
The tour operator said that...
Millions of Volkswagen cars vulnerable to a simple keyless entry hack
Researchers have discovered a vulnerability in the keyless entry system of vehicles sold by Volkswagen AG over the past two decades which could allow...
Many firms not paying minimum wage named and shamed by Government
A total of 197 firms have been named and shamed by the UK Government for not paying the National Minimum Wage to their workers....