The Economy

High inflation here to stay, says leading forecaster

The Bank of England warned last week that inflation is not expected to fall below its two per cent target until late 2015.

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Retail professionals value employer brand over pay

Research has found that retail employees rated an employer's reputation as a great place to work highest, even more than salary when assessing their next move up the career ladder.

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Unemployment rises as pay growth slows to its lowest rate since records began

The figures of unemployment grew by 15,000 in the three months to the end of March, compared with the previous three months which means the number of unemployed people in the UK has risen to 2.52 million.

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Latest Inflation Report May 2013

The Bank of England has released its latest Inflation Report showing the Monetary Policy Committee's (MPC) analysis of the economy.

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Bank of England still maintains Bank Rate at 0.5 per cent

The Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5 per cent

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Voluntary sector sees jump in employee engagement scores despite prolonged job insecurity

CIPD's Employee Engagement Index shows that more than half of employees in the voluntary sector feel engaged at work, compared with 41 per cent last quarter, despite a backdrop of increasing redundancies.

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Latest Markit/CIPS data suggests good news for the economy

Comments from Chris Williamson, Chief Economist at Markit

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April sees a marginal reduction in UK construction output

Latest research by Markit Economics highlights that business conditions in the UK construction sector contracted at the slowest rate in the last six months.

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UK service sector growth improves again in April

The latest Markit/CIPS UK Services PMI shows growth again in the UK service sector.

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UK manufacturing sees 'signs of stabilising'

The manufacturing sector was seen as a drag on the economy in the first three months of the year but the decline is slowing

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