Finance

UK economic growth slows to 0.4%
Finance 40 0
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UK economic growth slows to 0.4%

The UK’s economic growth slowed in the first quarter of the year, hit by a drop in manufacturing and construction output, official figures have shown. Gross domestic product grew by…

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Greece bailout talks make 'progress'
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Greece bailout talks make 'progress'

Eurozone finance ministers say they have made progress in talks about the bailout programme for Greece. But they said after a meeting in Amsterdam on Friday that further work was…

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North Sea tax receipts slump to £35m
Finance 24 0
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North Sea tax receipts slump to £35m

Tax receipts from offshore oil and gas slumped to just £35m in the last financial year, according to figures from HM Revenue and Customs. The figure is the lowest recorded…

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UK ready to take stake in Tata Steel
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UK ready to take stake in Tata Steel

The government is willing to take a 25% stake in any rescue of Tata Steel’s UK operations, it has been announced. The business department said it was preparing to make…

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Landlord 'surge' pushes up lending
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Landlord 'surge' pushes up lending

A “late surge” among landlords aiming to beat a stamp duty rise led to a big jump in mortgage lending in March. Gross mortgage lending hit £25.7bn last month, the…

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International call to curb steel glut
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International call to curb steel glut

A group of international steel producing countries has called for urgent action to curb overproduction. The call comes days after international talks to find measures to tackle the industry crisis…

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Carney: Is 'duty' to speak on Brexit
Finance 8 0
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Carney: Is 'duty' to speak on Brexit

It is the Bank’s duty to talk about EU referendum risks, says Bank of England governor Mark Carney, dismissing accusations the Bank is too political. “Assessing and reporting major risks…

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