UK FINANCIAL NEWS

Price of oil near five-week low

UK FINANCIAL NEWS — Mon, 06 Jul 2009 15:41:52 +0000

The price of oil is hovers around $64 a barrel on expectations a global recovery could take longer than previously thought.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 14:53:29 +0000

The Bank of England is to be given new powers to limit the amount of lending in the economy, the BBC learns.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 14:33:02 +0000

The UK's car scrappage scheme is having a "positive impact", carmakers say, with the annual rate of decline in sales slowing.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 13:50:06 +0000

Trade assistance is the key to helping developing nations emerge from the global downturn, says the WTO.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 13:09:48 +0000

Rwanda and Burundi join the East African Community Customs Union, which should lead to lower prices.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 10:45:46 +0000

India's government unveils its annual budget, saying the "first challenge" is to return to 9% annual growth "at the earliest".

UK FINANCIAL NEWS — Mon, 06 Jul 2009 10:25:13 +0000

China begins a trial scheme that allows trade with its neighbours to be settled with its own currency, the yuan.

UK FINANCIAL NEWS — Mon, 06 Jul 2009 09:23:39 +0000

Social measures at the heart of government plans

UK FINANCIAL NEWS — Mon, 06 Jul 2009 07:06:39 +0000

Business leaders urge the government to stem rising job losses through an "alternative to redundancy" scheme.

UK FINANCIAL NEWS — Sun, 05 Jul 2009 15:49:59 +0000

Public sector pay should be frozen to help rebalance the public finances, says the head of a spending watchdog.