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The UK Economy will shrink more than 1 percent in Q4

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The UK Economy will decline at lightening speeds in the fourth quarter according to the National Institute of Economic and Social Research NIESR).
The reports show that the UK recession will be a deep one by the end of the fourth quarter and in the three months to November gross domestic product fell by 1 percent [...]

Darling will spend up to £90bn but will UK taxpayers end up paying?

In Alistair Darling keynote speech to the Labour Party conference, he boasts how through the talent and resilience of the country he is confident that a recovery will come although he does warn that the economy is on a bumpy road and that before the recovery

Alistair Darling tells Sky News he is sure to keep his job

After Alistair Darling was quoted in a newspaper on Saturday saying that the economic times faced by Britain and the world “are arguably the worst they’ve been in 60 years” he is said now to have

Should Bank of England's MPC hold interest rates?

The Bank of England’s Monetary Policy Committee are to meet later this week to discuss the current interest rates, and the MPC are being urged to hold the interest rates at 5% in the hope that it will help to fight of a recession.