GDP figures for Q2 revised upwards

The Office for National Statistics (ONS) has issued a set of improved UK gross domestic product (GDP) figures for April to June.

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Bank of England steps in to stabilise markets

The Bank of England made a surprise intervention today when it stepped in to stabilise market liquidity by increasing its government bond purchase to a potentially unlimited amount.

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Bank pushes up base rate from 1.75% to 2.25%

The Bank of England today pushed up its base rate by 50 basis points from 1.75% to 2.25% as it intensifies its drive to curb inflation which is nearly 10%.

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GDP shows surprise 0.5% rise

UK Gross Domestic Product showed a surprise 0.5% rise in May after declining by 0.2% in April (revised from a 0.3% fall).

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