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Markit reports improvement in household finances as pay grows

Markit reports household finances are improving

Markit's latest household finance index shows an improvement as extra work help increase spare cash and inflation expectations recede.

RBS taxpayer share sale could start within a year

RBS is preparing to return to the private sector

The Chairman of the Royal Bank of Scotland Sir Philip Hampton says he can't guarantee there are no more "skeletons in the cupboard" and further job losses are possible as the company continues restructuring.

OFT not to refer current accounts to Competition Commission

The OFT has decided not to refer current account market to the CC

The Office of Fair Trading has decided not to refer the current account market to the Competition Commission saying it will monitor proposed changes and review the sector again in 2015.

CBI says the UK economy is returning to growth

The CBI says the UK economy is returning to growth

The CBI says that the UK economy is emerging into growth as it predicts the economy will grow by 1.0 per cent in 2013 and by 2.0 per cent in 2014.

Industrial output rise suggests momentum for UK economic growth

Industrial output grew by 0.7% in March

There was a better than expected rise in industrial output adding to the recent good economic news and providing hope that the economy can build on the 0.3 per cent rise in GDP in Q1.

TUC puts the case against austerity as the IMF arrives in UK

The IMF arrives in the UK to meet Osborne and Cameron

The International Monetary Fund has arrived in the UK for the start of its annual assessment of the UK economy as the TUC warns the UK is in the middle of a lost decade for the economy.

Credit unions join together as alternative to payday loan firms

The government is supporting credit unions

The government is providing £35m of backing for credit unions to join together and attract new members as an alternative to using payday loan companies.

Bankruptcies in 2013 could drop to lowest level since 2005

Personal and company liquidations fell in the first quarter of 2013

Insolvency statistics fell to their lowest level for five years as debtors choose cheaper alternatives, but the data masks the true state of the economy, say experts.

Niesr: "Underemployment" should be included in official figures

Underemployment of young people is a major problem, says Niesr

New research by the National Institute for Economic and Social Research shows that 30% of young people in work would like more hours making it more difficult for unemployed young people to get a job.

Osborne tells Bank of England not to hamper growth

Osborne wants the FPC to focus on short-term growth

The Chancellor, George Osborne has told the Bank of England's Financial Policy Committee to focus on short-term growth over financial stability to help the economy.

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