Uk

CBI raises its 2013 UK growth forecast

The CBI has raised its growth forecasts for 2013 and 2014 from 1.0% to 1.2%. But the UK's leading business lobbying organisation says the rebalancing away from consumption towards investment and trade is taking longer than expected.

The CBI says it has increased the figure from its May forecast, after a better than expected second quarter and signs of a pick-up in confidence across a...

UK inflation rate falls to 2.8%

The Consumer Prices Index (CPI) rate of inflation fell by 0.1% to 2.8% in the year to July 2013, down from a 14-month high of 2.9% in June, according to the Office for National Statistics.

The largest contributions to the fall in the rate came from air fares, plus price movements (in some cases the result of seasonal sales) in the recreation & culture, and clothing & footwear...

Survey suggests UK housing market is on the road to recovery

The UK housing market appears to have finally turned a corner as buyers returned to the market in their biggest numbers for four years, according to the latest Royal Institute of Chartered Surveyors (RICS) Residential Market Survey.

The survey reveals that during July, the number of potential buyers looking to enter the market grew at the fastest rate since July 2009. Since the start...

South West sitting on a £170 million fortune in leftover foreign currency

A YouGov poll, commissioned by easyJet, today highlights that adults in the South West could have an extraordinary £170million of leftover foreign currency lying around at home.

The research released by easyJet, the South West’s largest airline, and its onboard charity partner UNICEF, the world’s leading children’s organisation, marks the start of the summer Change for Good campaign on...

Hold in May and sail into summer...

Brian James, Divisional Director and Head of Office, Brewin Dolphin Plymouth, offers his thoughts on the financial market place.

The FTSE

The prospects for UK equities remain positive although, as with most risk assets, the volatility is likely to be more pronounced as the reassuring warmth of quantitative easing is replaced by the harsh reality of market forces. However,...

Charities call for urgent Parliamentary Inquiry, as more than half a million people in the UK turning to food aid

Britain faces a hidden scandal where thousands of people cannot feed themselves or their families, according to a hard hitting report from Church Action Poverty and Oxfam.

The two charities, with the backing of the Trussell Trust, are calling for an urgent Parliamentary Inquiry into the relationship between benefit delay, error or sanctions, welfare reform changes and the growth of...

From Plymouth UK to Plymouth MA

A delegation from Plymouth UK will be heading stateside as part of a mission to strengthen trade and tourism links and help cement the special relationship between the two Plymouths.

Plymouth, Massachusetts will be welcoming representatives from Plymouth, UK as part of a five-day visit from 20 May.

The visit will include a formal reaffirmation of the strong links between the...

OFT launches market study into providers of quick, discounted house sales

The Office of Fair Trading (OFT) is today (18 April) launching a study into the 'quick house sale' market and is calling for people who have used, or considered using, these businesses to contact the OFT about their experiences.

Quick house sale providers offer to buy a house or find a third party buyer very quickly, usually at a discount from the full market value. While providers may...

UK reaches one billionth music download

A significant milestone for the UK music industry has been reached with the one billionth download single sale, according to the Official Charts Company .

Nine years after the launch of legal downloads in the UK, the figure was reached on Monday evening.

Adele's 'Someone Like You' has been confirmed as the most downloaded single of all time. The Official Charts Company has also...

Former Prime Minister Baroness Thatcher dies aged 87

The Prime Minister David Cameron has led tributes to his predecessor, Baroness Thatcher who has died aged 87 from a stroke.

Describing it as "a truly sad day for our country", Mr Cameron said "we have lost a great prime minister, a great leader, a great Briton".

Baroness Thatcher's spokesperson Lord Bell announced her death, saying "It is with great sadness that Mark and Carol...

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