Economics

What's in store today...

Compass Group strides onto the stage on Wednesday, while investors will also digest the Bank of England's latest quarterly inflation report. Find out what else is coming up...

Buy-to-let lending soars by 32%

Buy-to-let lending has soared by 32% year-on-year, according to the Council of Mortgage Lenders, and looks set to continue to grow.

What's in store today...

Tuesday will bring full-year results from Enterprise Inns and Babcock International, along with trade deficit figures on the economic front. See what else is coming up...

The week ahead...

Another packed week on the corporate calendar will bring updates from Travis Perkins, Dignity and SSE, along with a raft of economic data. See what's in store...

Euro slips against pound as contagion fears grow

The euro dropped to a three-and-a half year low against British pound on Tuesday, reflecting worries over the eurozone following the Greek and French elections.

UK officially back in recession

GDP in the first quarter of 2012 contracted 0.2%, implying that the UK is officially back in recession, as it followed a drop of 0.3% quarter-on-quarter in the fourth quarter of 2011.

Yields almost double on Spanish bonds

Tuesday's Spanish bond auction sent a mixed message to investors, with yields on the 12 and 18-month bonds almost doubling, although demand remained strong.

Growth accelerates in UK construction

Britain's construction sector experienced accelerated growth in March, as orders increased at the highest rate in four and a half years.

UK economic growth revised down

The UK's economic growth for the last three months of 2011 has been revised down by the Office for National Statistics, which blamed the transport and communications, business services and finance sectors for the change.

Analysts: UK back in recession

The UK is once again in recession, according to analysis from the Organisation for Economic Cooperation and Development (OECD) that showed the UK economy will contract in the first three months of 2012.

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