UK Economy

We asked several economic commentators to appraise George Osborne's five years as chancellor.

Chuka Umunna, the shadow business secretary,claimed the Tories have 'failed' working families.

The thinktank says Britain's recovery could be put at risk because of low productivity.

The UK's FTSE stock exchange index has reachest highest point this century amid global economic turmoil

Lords say the British economy is now facing a 'significant' digital skills shortage.

The project will create 6,000 jobs and benefit the UK economy by £8bn.

Bank of England (BoE) chief Mark Carney said on Thursday (12 February) that British inflation could turn negative and that he expected stronger growth on the back of lower oil prices.

New car sales in the UK rose 6.7% compared to the same month in 2014.

Markit data shows UK service sector expanded faster than expected in January.

TheCityUK says there are 709,500 jobs in financial and professional services in December 2014.

ONS data shows UK GDP growth slowed in final quarter of 2014 as election looms.

Britain's economy recorded its fastest annual growth since 2007.

However, a Reuters poll of economists will show that the recovery slowed towards the end of 2014.

The Institute for Fiscal Studies says the changes have cost households £1,127 each on average.

The Centre for Cities calculates that for every 12 jobs created in the south, only one was created in the north.

George Osborne believes the UK's economy can become the largest by 2030.

Markets have been reacting to the World Bank cutting 2015 growth forecast to 3% from 3.4%.

Eurozone woes, austerity plans, budget deficits and a looming general election set the stage for 2015.

'Political isolationism would leave us poorer' said CBI director-general John Cridland.

Britain overtook France in 2014 after taking into account £10bn additional earnings from drugs and sex.

The British economy grew at 0.7% between the second and third quarter of this year.

MPC member Martin Weale also sees more permanent jobs being created.

In October, the EU declared that the UK would have to pay £1.7bn in extra tax.

Bank of England policymaker Ian McCafferty sees turning point in UK wage growth.

Reports suggest the fund is sounding out foreign investors for takeover of struggling retailer.

Interest rates have been held at a record low of 0.5% for more than six years.

Chancellor announces plans to transform north's road network and cement it as a leader in science.

The Finance Monitor, carried out by BDRC Continental, added 77% of SMEs were now profitable.

Newsnight says Palace of Westminster is in much need of repair after 60 years with no renovation.

Inflation rose to 1.3% in October, well below the Bank of England's target rate of 2%