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Reading Time | < 1 min 31 Dec 2013

UK economy strongest in Europe by 2030

Reading Time • < 1 minThe UK will overtake Germany and France to be Europe's strongest economy by 2030, according to predictions from the Centre for Economics and Business Research (CEBR). In its annual report The World Economic League Table, the CEBR forecasts ...
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Reading Time | < 1 min 30 Dec 2013

Interest rate rise to affect millions

Reading Time • < 1 minThe number of people using more than half their disposable income on debt repayments could rise from 600,000 to two million by 2018, a think tank has reported. According to the Resolution Foundation, 1.12 million households would face "peri...
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Reading Time | < 1 min 20 Dec 2013

Retail sales up 0.3 per cent in November

Reading Time • < 1 minBritish retail sales rose by 0.3 per cent in November but were flat over the last three months, according to the latest figures from the Office for National Statistics (ONS). The ONS said the increase was driven by a 3.8 per cent rise in s...
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Reading Time | 2 mins 19 Dec 2013

Zero hours contracts consultation opens

Reading Time • 2 minsThe Business Secretary, Vince Cable, has launched a consultation into the understanding and use of zero hours contracts. Official figures suggest that there are 250,000 people employed under zero hours contracts, which offer no guaranteed h...
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Reading Time | < 1 min 19 Dec 2013

Northern Ireland unemployment figure rises

Reading Time • < 1 minThe number of unemployed people in Northern Ireland increased by 5,000 to 65,000 between August and October, according to the Northern Ireland Statistics and Research Agency (NISRA). The latest figures show that, although 3,290 jobs were cr...
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Reading Time | < 1 min 18 Dec 2013

Inflation drops to 2.1 per cent

Reading Time • < 1 minThe consumer prices index (CPI) rate of inflation fell to 2.1 per cent in November, according to the latest figures from the Office for National Statistics (ONS). Down from 2.2 per cent in October, the CPI rate is now the lowest since Novem...
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Reading Time | 2 mins 16 Dec 2013

SME population hits six year high

Reading Time • 2 minsThe number of small and medium-sized enterprises (SMEs) in the UK reached a six-year high of 2.16 million in 2013, according to the National Association for Commercial Finance Brokers (NACFB). The data reveals that 86,435 SMEs have been cre...
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Reading Time | < 1 min 12 Dec 2013

RTI extension for micro employers

Reading Time • < 1 minMicro employers will be given until April 2016 to adapt to the real time information (RTI) system for reporting PAYE payments, HM Revenue & Customs (HMRC) has announced. Micro-employers - those with fewer than 10 employees - who need mo...
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Reading Time | < 1 min 11 Dec 2013

Production up 3.2 per cent year-on-year

Reading Time • < 1 minTotal production output in the UK grew by 3.2 per cent between October 2012 and October 2013, the latest figures from the Office for National Statistics (ONS) show. The data shows that three of the four main production sectors - manufactur...
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