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Sunday, November 18, 2018
The UK is set to be the world's fastest-growing major advanced economy this year according to a sharply-upgraded forecast from the International Monetary Fund (IMF). Gross domestic product (GDP) is expected to increase by 2.9%, up from an earlier 2.4%...
The Chinese economy continues to cool, and the World Bank has lowered its 2014 forecast to 7.6 percent growth, down from an earlier 7.7 percent. The global recovery remains shaky as 2014 kicks off with a “bumpy start”. The World...
Bank of England rate-setters are expected to leave the cost of borrowing on hold this week amid signs that the pace of the recovery may be slowing down. Several economists believe t he Bank's Monetary Policy Committee (MPC) will not...
The US Treasury has awarded American-based Boeing and GE a license to sell spare parts to Iran. The move is part of a temporary sanctions relief deal that began in January, Reuters reported. The deal breaks a long trade...
Gazprom CEO Aleksey Miller has announced Ukraine will no longer receive the $100 discount it enjoyed under the Kharkov Agreement, and will pay $485 per thousand cubic meters starting from April. The statement came after Miller met with the head...
Finding a solution to the thriving heroin production in Afghanistan has been on the back burner ever since the Americans occupied the country. The new Afghan president who will be elected next weekend will have to battle record opium...
Chancellor George Osborne said he was "profoundly concerned" by the City watchdog's bungled announcement of its insurance industry probe and ordered a "thorough" inquiry into the fiasco. In a letter to Financial Conduct Authority (FCA) chairman John Griffith-Jones, Mr Osborne...
Politicians need to be more business orientated and "economically literate" if the UK is to achieve sustainable economic growth, according to an industry leader. John Longworth, director general of the British Chambers of Commerce (BCC) will make a strong case...
Ministers are drawing up plans to make it easier to penalise telemarketing companies that plague members of the public with unwanted calls. Culture Secretary Maria Miller is to launch a consultation this year on lowering the threshold for the Information...
Protecting your no claims bonus and other insurance tricks may seem financially savvy, but in reality can actually cost more Drivers desperate to reduce the strain of car insurance on their wallet are often willing to try anything that will...

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