A 5 per cent cap on house price growth may be needed to prevent an inflationary boom and bust, according to the Royal Institution of Chartered Surveyors.
The new governor of the Bank of England tells a business audience that interest rates are unlikely to rise in the next few years, but action could be taken to prevent a house price boom.
Pelted with eggs but unbowed, Ed Miliband has been ramming home Labour’s attack on the “cost of living crisis”. But how much are people really being squeezed?
Train fares are set to rise by an average of 4.1 per cent in January. Commuters are not happy. We met some.
Mark Carney tells Channel 4 News the Bank of England has sympathy for suffering savers, as he announces interest rates will be kept at record lows for years to come to help the economic recovery.
A story of business success at a car components plant in the Midlands – as George Osborne hails a revovery and says he is determined to stick to his economic plan.
As the economy grows for the second quarter in a row, Chancellor George Osborne tells Channel 4 News that Britain has “held its nerve” but there is “a long way to go”.
Mark Carney, the incoming governor of the Bank of England, is widely praised. So how good a job has he done in his five years in charge of Canada’s central bank?
Buy one, get one free: shops are wooing consumers with offers and vouchers, pushing down the rise in food prices to their lowest in almost three years.
Spending cuts and fragile consumer confidence are dragging down the economy, a leading thinktank has warned – predicting that Britain’s economic growth will be even slower than expected.
The IMF backs away from its ringing endorsement of UK economic policy. But the Treasury will be relieved that it has not yet spelled out an alternative policy to austerity.
Households are facing a continued squeeze on their spending power after a leading forecaster warned that high inflation is here to stay.
The problem with the Bank of England’s quarterly inflation report – presented for the last time this week by Sir Mervyn King – is that it feeds the idea that the governor has all the answers.
While most employees’ wages are failing to keep up with the rising cost of living, those at the top are bucking the trend.
The cost of living goes up from 2.7 to 2.8 per cent in February, as Chancellor George Osborne adds the finishing touches to tomorrow’s budget.