Ernst & Young urges businesses to increase investment to help economy

The latest forecast from economic think-tank Ernst & Young Item Club has forecast GDP to be a ‘dismal’ 0.4 per cent in 2012.

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ONS confirms GDP decreased 0.2 per cent in Q4 2011

The latest GDP figures have confirmed GDP decreased by 0.2 per cent in the fourth quarter of 2011, in a second revision from the Office for National Statistics.

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Inflation to fall below two per cent target within the year

The Bank of England has published its latest Inflation Report following the news from the Office for National Statistics that CPI inflation stands at 3.6 per cent.

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CBI cuts growth forecast after poor GDP figures

The Confederation of British Industry has cut its growth forecast for 2012 from 1.2 per cent to 0.9 per cent.

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