Economic indicators
Economic indicators
Inflation rate falls to 4.8% after shop price wars
Supermarket price wars and the falling cost of petrol last month helped push inflation down further from its peak, official figures revealed today.
Scottish business losing its gloss as optimism plummets
OPTIMISM among Scottish businesses has collapsed in the past quarter, sending them to the bottom of the latest UK confidence table.
7 CommentsMore top stories
Eurozone crisis: Cameron meets Sarkozy as Merkel calls for fiscal pact
David Cameron travelled to Paris today for talks with French president Nicolas Sarkozy amid desperate efforts by eurozone leaders to prevent the single currency breaking up.
5 CommentsWarning to UK banks over possible eurozone collapse
Bank of England Governor Sir Mervyn King today urged banks to brace themselves for a potential eurozone collapse amid fears that Britain is caught in a second credit crunch.
14 CommentsAlistair Darling says economic crisis is worse than 2008
FORMER chancellor Alistair Darling has said the current economic crisis is now worse than in 2008 when the government had to begin its rescue of RBS, HBOS and Northern Rock.
47 CommentsDavid Cameron defends debt reduction strategy
DAVID Cameron admitted today that reducing Britain’s debts was proving “harder than anyone envisaged”.
3 CommentsUK economy forecast: Eurozone crisis dampens Bank’s growth estimate
THE Bank of England warned today that the eurozone debt crisis is the “single biggest risk” to the UK recovery as it forecast a dramatically increased threat of a double-dip recession next year.
Supermarket price war helps reduce inflation slightly
An aggressive supermarket price war helped push down inflation last month amid signs that the rise in the cost of living appears to have passed its peak.
‘Mortgages for green homes’ bid
BANKS are being urged to help borrowers who want to invest in environmentally friendly properties.
Crunch time for Europe
The ECB faces mounting pressure to begin Quantitative Easing in a bid to prevent a two-speed Europe. Nathalie Thomas examines the consequences...
Interest rate held at 0.5% despite fears over economy
THE Bank of England resisted further emergency action today despite fears that the economy will go into reverse by the end of the year.
Greece crisis talks fail to decide on George Papandreou’s successor
GREECE’S critical power-sharing talks have hit a new hurdle, with political leaders leaving a top-level meeting without deciding on a new prime minister to take over from George Papandreou.
Markets plunge as Silvio Berlusconi keeps his grip on power
WORLD markets nose-dived as the deepening political and economic crisis in Italy prompted fears that the eurozone may be on the verge of collapse.
7 CommentsScotland ‘unlikely to avoid recession’ amid Eurozone crisis, expert warns
THE crisis in the Eurozone makes it “less and less likely” that Scotland will manage to avoid another recession, an economic expert warned today.
1 CommentGeorge Papandreou finally falls on his sword over bail-out
GEORGE Papandreou will stand down as Greek prime minister and a new unity government will be formed to enact a bail-out agreement, the country’s president announced last night.
Greek PM faces calls to quit amid Eurozone crisis
GREEK Prime Minister George Papandreou faced mounting calls to resign today, hours after European leaders told him he had endangered a massive bailout plan by calling for a referendum.
1 CommentGreek shock turns trading screens red
LONDON FTSE 100 CLOSE 5,421.57 -122.65
Three-point strategy to speed up recovery
SCOTLAND’S fragile economic recovery has “stalled” and the governments north and south of the Border need to focus on exports, housing and transport to revive its fortunes, business leaders will today claim.
Scottish firms going under at a record rate as economic recovery stutters
SCOTTISH companies are going bust at a record rate, with more than 24 businesses going to the wall each week due to a lack of bank lending and stricter enforcement by the taxman.
3 CommentsScottish economy begins to shrink again
ECONOMIC growth in Scotland has slowed in the last three months, official statistics show.
- Rangers run into the ground as furious HRMC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers blame HMRC for driving club to brink of administration
- Six Nations: Steadman given notice as ruthless Robinson seeks to strengthen team
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Wednesday’s football news and gossip
- The Rumour Mill: Tuesday’s football news and gossip
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Weather for Edinburgh
Thursday 16 February 2012
Today
Sunny spells
Temperature: 5 C to 12 C
Wind Speed: 20 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 5 C to 11 C
Wind Speed: 21 mph
Wind direction: South west
