UK Economy News

The UK's car scrappage scheme is having a "positive impact", carmakers say, with the annual rate of

India's government unveils its annual budget, saying the "first challenge" is to return to 9%

The price of oil is hovers around $64 a barrel on market expectations a global recovery could take

China begins a trial scheme that allows trade with its neighbours to be settled with its own

Social measures at the heart of government plans

Business leaders urge the government to stem rising job losses through an "alternative to

Public sector pay should be frozen to help rebalance the public finances, says the head of a

G8 summit is set to tackle global food crisis

The WTO seeks to encourage trade in developing nations during the global economic downturn.

Gordon Brown may face a fresh backbench revolt over the scrapping of the 10p bottom rate of income

Venezuela's government formally takes control of the country's third largest bank - the

Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.

Five European governments are due to sign an agreement on 13 July for a major new pipeline from

A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making

Can one individual have the clout to move markets?

The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.

UK plc: Finding some reasons to be cheerful

Details emerge of why billions in virtual cash disappeared from a virtual bank in Eve Online.

The most affordable property in some areas of England and Wales is on the market for less than

Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy,

The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled

The author of an influential report into the future of pensions in the UK tells the BBC his

The number of jobs lost in the US last month came in at 467,000, which is much more than had been

The European Central Bank keeps its key interest rate unchanged at 1% following its monthly

Defaults on loans have risen and are expected to increase in the coming months, a Bank of England

Budget busts mean damp squibs in the US on 4 July

Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn

The unemployment rate in the 16 countries using the euro rose to 9.5% in May, according to official

Economic growth of 7% in India is possible this year, according to a report from the country's

The Irish Republic's unemployment rate hit 11.9% in June, the highest since April 1996, official

India's exports fell in May for the eighth month in a row as overseas demand for goods continued to

UK manufacturing shrank at its slowest pace for a year in June, a survey says, adding to hopes the

How this recession compares to the 1980s and 1990s