Bank of England governor Mervyn King has said the UK economy may contract once again in the fourth quarter of 2012 despite moving out of recession in Q3.
Gift vouchers for stricken electrical retailer Comet have been suspended, the chain’s administrator has confirmed.
Comet’s customers have been left worried about their deliveries, warranties and gift cards after its website crashed.
There was a better than expected growth in the Uk economy after 2012 Olympics.
The 2012 Q3 issue of the Bank of England Quarterly Bulletin is published today. It features a range of in depth articles on different aspects of the Bank’s remit.
Foreign Secretary William Hague has ruled out a change of Government policy on a third runway at Heathrow, as reports emerged of plans for a new force runaway.
The company that owns Orange and T-Mobile will launch superfast mobile internet in October, according to Sky sources, angering its rivals.
Executives of Manchester United have rung the opening bell of the New York Stock Exchange, at the start of the flotation of the football club’s shares.
The Bank of England has lowered its UK growth forecast and said the economy will remain flat for the rest of the year.
It has been announced Tesco Bank is to start offering mortgage deals from Monday.
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