Author: Damien

1 min read 25 Jul 2012
Economists and financial journalists took to twitter to air their dismay at the news that the UK economy contracted by 0.7% during the period from April to June 2012:   [blackbirdpie url="http://twitter.com/AllisterHeath/status/228045070287400962"]   [blackbirdpie url="http://twitter.com/EmDunks/status/228045642109448193"]   [blackbirdpie url="http://twitter.com/CashQuestions/status/228058349856501761"]   [blackbirdpie url="http://twitter.com/Cheryl_Latham/status/228045897311866880"]   [blackbirdpie url="http://twitter.com/JonathanDavisWM/status/228046346450505728"]   [blackbirdpie url="http://twitter.com/Peston/status/228046962576998400"]   [blackbirdpie url="http://twitter.com/bondvigilantes/status/228047502497153024"]...

1 min read 17 Jul 2012
The rate of Consumer Prices Index (CPI) inflation in the UK fell to 2.4% in June, down from 2.8% in May according to the Office for National Statistics (ONS). This is the lowest rate since November 2009. This surprised analysts who expected inflation to only marginally fall to around 2.7% The...