The US Labor Department has today reported a fall in producer prices of 0.6% in February – the biggest fall since July 2009.
The fall, which was worse than expected, was attributed to a 2.9% decline in energy costs.
Compared to February 2009, producer prices grew 4.4%, but they slowed from a 4.6% annualised rise [...]
The latest global economic research by Baring Asset Management’s (Barings) suggests that of the major global economies, the UK looks most vulnerable to a renewed dip into recession.
According to Barings, there is a slightly higher risk of the UK falling back into recession than there was a few weeks ago.
However, should the UK [...]
European markets saw gains Wednesday.
The FTSE 100 was 0.43 percent higher to 5,644.63 in London, while the FTSE 250 added 0.79 percent to 10,008.5.
Shares in the travel and leisure sector were in focus on the 250, where public transport operator Arriva (LSE: ARI) added 16.82 percent to lead the index and all shares in London [...]
I’ve had a bad run of insurance claims. Now, Legal & General is refusing to renew my policy and said it might be hard to get cover elsewhere
Minutes of the Bank of England’s March meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted unanimously earlier this month to keep interest rates at the historic low of 0.5%.
Furthermore, all nine members of the MPC opted to keep the quantitative easing (QE) on hold.
QE, also known as [...]
Sustainable and ethical investments are expected to increase their share in the ISA market by more than 1000% this year, according to research by The Co-operative.
Ethical investments currently have a 1% share of the ISA market, but The Co-operative predicts that this could increase thirteen-fold later this year as savers use their increased ISA allowance [...]