The British economy grew by 0.3% in the first three months of the year, avoiding a triple-dip recession.
UK inflation remained at 2.8% in March, for the second month in a row.
With speculation over interest rates rife, now is the time to take steps to prevent being caught out. Christine Toner highlights some of the things to bear in mind.
Home owners have been warned to still expect a subdued housing market in 2008
despite house prices rising by 1.3% in December after three months of
UK inflation registered its second consecutive month of growth in December.
The Bank of England confirmed expectations today as it announced the base rate would stay the same at 0.5% and no changes would be made to quantitative easing.
The UK's economy shrank by 0.5% in the last quarter, stunning economists who had predicted growth of between 0.2% and 0.6%.
In a surprise move, Chancellor George Osborne has increased the government levy on bank profits this year by £800 million to £2.5 billion.
As inflationary pressures mount it is under increasing pressure to raise rates. However, a small but vocal minority claim this would have a detrimental effect on our fragile economy. Here we look...
The Bank of England has kept the base rate on hold at 0.5%, with no new quantitative easing measures announced.
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