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https://youtube.com/watch?v=9mTzDp021-cBusinesses have been reacting after it was revealed the economy remained in reverse gear during October, according to official figures. The Office for National Statistics (ONS) said output fell 0.1% following the 0.1% decline recorded…
https://youtube.com/watch?v=lYFvwdmGMRUAs the UK officially entered recession, Chancellor Jeremy Hunt was keen to talk up the country's economic prospects, insisting things are looking up with inflation coming down. But is he right to be so positive?…
https://youtube.com/watch?v=jZHHtvcw4J0There has been a sharp decline in the rate of inflation to 4.6%, driven by a big easing in energy costs. The Office for National Statistics (ONS) said the annual rate slowed last month, from…
https://youtube.com/watch?v=gxZNEr_5WZMHealth minister Maria Caulfield has defended the government's handling of the economy after figures from the Office for National Statistics (ONS) showed it contracted by 0.5% in July. She told Sky News it shows the…
https://youtube.com/watch?v=nH-o_z--oGcShadow employment minister Justin Madders has accused the Tory government of "selling the British people short" as the latest figures showed the UK's GDP had grown by 0.2%. Speaking to Sky News, Labour MP Mr…
https://youtube.com/watch?v=_8jp1Bng_2cInflation has eased more than expected, falling to 7.9%. That's led to predictions that interest rates may not go up as much as feared. (Subscribe: https://bit.ly/C4_News_Subscribe) The markets now expect them to peak no higher…
https://youtube.com/watch?v=svvz6YaBefYThe US and China have begun talks to try to improve relations between the world’s two biggest economies. Bilateral trade is worth hundreds of billions of pounds a year and China’s huge spending power is…
https://youtube.com/watch?v=54OtJZ6r8fAThere is no alternative. That was the message today from the Chancellor, saying the government gave complete backing to the Bank of England in its bid to bring down inflation by raising interest rates. (Subscribe:…