Wednesday, November 15, 2017
The unemployment rate (the proportion of those in work plus those unemployed, that were unemployed) was 4.3%, down from 4.8% for a year earlier and the joint lowest since 1975.
Latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.2% both including and excluding bonuses, compared with a year earlier.
Friday, November 10, 2017
National Savings: All interest rates raised by 0.25% points from 1 December so ISA 1%, income bonds 1%, Direct Saver 0.95%; Invvest account 0.7%; junior ISA 2.25%. NB ISAs only useful for savers over £1000/£500 savings tax allowance.— Paul Lewis (@paullewismoney) November 10, 2017
Friday, October 27, 2017
RBS posted £392m in profits for the three months to September and £1.33bn for the year to date.
However, there is a down side. RBS is still waiting to see if it will be fined by the DoJ for selling subprime mortgages. The fine is expected to be around £6BN.
Thursday, October 26, 2017
Wednesday, October 25, 2017
Additionally manufacturing returned to growth after a weak Quarter 2 2017, increasing by 1.0% in Quarter 3 2017.
Monday, October 23, 2017
As from today, owners of older, dirtier cars will be charged an extra £10 if they want to drive into London.
Saddiq Khan, Mayor of London, announced the "Toxicity charge" in February as part of a package of measures to clean up the capital’s "filthy air".
The "T-charge" will be in operation Mondays to Fridays from 7am to 6pm.
Wednesday, October 18, 2017
As per the ONS:
- There were 32.10 million people in work, 94,000 more than for March to May 2017 and 317,000 more than for a year earlier.
- The employment rate (the proportion of people aged from 16 to 64 who were in work) was 75.1%, up from 74.5% for a year earlier.
- There were 1.44 million unemployed people (people not in work but seeking and available to work), 52,000 fewer than for March to May 2017 and 215,000 fewer than for a year earlier.
Tuesday, October 17, 2017
UK inflation hit 3% last month for the first time since April 2012 - up from 2.9% in August, the ONS reports https://t.co/DzgFctnMCH— BBC Breaking News (@BBCBreaking) October 17, 2017
It should be remembered that the figures are provided by the same ONS that lost £490BN in Britain's balance of payments!
Tuesday, October 10, 2017
Rules coming into force on that date will prevent shops handing out old £1 coins as change and will give shops the right to refuse them as payment.
However, there is no rule preventing shops (which are able to bank old £1 coins long after this date) accepting the coins after 15 October.
Friday, October 06, 2017
Tuesday, October 03, 2017
The collapse of the 50-year old company is the largest ever for a UK airline.