by | Oct 13, 2010 | Towing
British unemployment claims rose by the most in eight months in September as the economic recovery slowed.
Jobless benefits claims rose by 5,300 to 1.47 million, Bloomberg News reported.
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Consumer confidence touched an 18-month low in September as the public readied for the coalition government’s spending cuts.
“Unemployment is still on a rising trend. The fall in consumer confidence…
Continue reading UK Unemployment Rises Most in Eight Months
UK Unemployment Rises Most in Eight Months originally appeared on DailyFinance on Wed, 13 Oct 2010 06:34:00.
Filed Under: Economy, Taxes, Currency
by | Oct 7, 2010 | Towing
The Bank of England left interest rates at 0.5% for the 20th month in a row and maintained its asset-buying program unchanged, Reuters reported.
The interest rate decision was widely expected by economists. Still, mixed economic data and a divided policy-making board mean that the future is uncertain for the asset-buying program.
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The U.K economy posted growth of 1.2% in the second…
Continue reading Bank of England Leaves Interest Rates, Asset Buying Unchanged
Bank of England Leaves Interest Rates, Asset Buying Unchanged originally appeared on DailyFinance on Thu, 07 Oct 2010 07:45:00.
Filed Under: Economy, People, Taxes, Credit, Currency
