Updated 9:52pm 22 May 2012

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UK construction industry hits new low

Britain’s construction industry suffered another severe turn for the worse between May and June, due largely to a steep slowdown in house-building.Read

Birmingham and Coventry house prices falling faster than average

House prices have been falling faster this year in Birmingham and Coventry than in any other urban centres except for Sheffield and Belfast.Read

How King is hoping UK can ride out economic tide

The Bank of England and its governor Mervyn King have embarked on a hearts and minds campaign to persuade MPs they can and will drive inflation back to the Government’s target.Read

Investment slower than earlier months

Business investment was slowing down even faster than previously thought in the early months of this year.Read

Surprise surge in retail sales more likely a statistical blip

The remarkable surge in retail sales reported by Office for National Statistics last week may have been a statistical blip, to judge from the outcome of the latest distributive trades survey from the CBI.Read

Slow growing economy means Darling may have to do his sums again

Chancellor Darling was faced with the prospect of having to re-work his Budget arithmetic drastically for his pre-Budget statement in the autumn.Read

HBOS shares dropping nearer offer price

More than two million HBOS shareholders, most of them Halifax customers, who received their shares when it ceased to be a building society and merged with the Bank of Scotland, will receive a copy of the 196-page prospectus for its controversial £4 billion fund-raising.Read

Mr Bean takes over as King’s deputy for interest rate policy

Charlie Bean, the Bank of England’s chief economist will take over from Rachel Lomax as the Bank’s deputy governor in charge of interest rate policy, when her five-year term ends on June 30.Read

Sunshine shoppers stun the experts

A burst of sunshine in May brought hitherto reluctant shoppers out in force, causing the biggest one-month jump in retail sales since records began in 1986.Read

Darling announces Bank of England shake up

The top jobs at the Bank of England are to be advertised in future as well as vacancies for outsiders on the Bank’s interest-setting monetary policy committee.Read

Manufacturers confident rising prices will benefit customers

Britain’s industrialists remain overwhelmingly confident that they will be able to pass on to their customers the fast-rising prices they face for energy and raw materials.Read

Bank to put interest rates on hold in fight against inflation

Mervyn King has set the stock market ablaze with what has been interpreted as an indication the Bank may not raise interest rates this year.Read

CBI disagrees with City and forecasts inflation fall in 2009

The CBI is challenging the City’s view that the Bank of England will have to raise interest rates later this year to contain inflation and predicts that fast-falling inflation will enable the Bank of England to start cutting the cost of borrowing next year.Read