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UK manufacturing activity growing at fastest rate 'for a generation'

Figures from the manufacturing sector for June suggest the recovery is broadening out and bedding-in, pushing sterling to six-year high against the dollar.

Britain’s manufacturing sector enjo… Continue Reading »

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Ed Miliband to hand business rates revenues to local authorities

Unveiling Lord Adonis' report, the Labour leader is expected to commit to the "key recommendation" of handing £30bn of funding to cities and counties to boost local economies

Revenue from bus… Continue Reading »

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Living wage 'should go to one million more workers'

The UK government should make it a goal to cut the number of low paid workers by one million by 2020, says the Living Wage Commission.

Its chairman, Archbishop of York, Dr John Sentamu, has r… Continue Reading »

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Pound nears 5-year high after hitting $1.70 mark

The pound smashed through the $1.70 mark today as imminent interest-rate rises and violence in the Middle sent dealers rushing to bet on sterling.

The pound has not traded above the psychol… Continue Reading »

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