Economic Indicators

Public finances deteriorate sharply 4:48pm BST

The budget deficit swells to its largest in at least 60 years, and analysts say the government coffers look set to deteriorate further as the economy slows. Full Article

Economy set to shrink 1 pct next year

Retail survey fails to lift economic gloom Tuesday, 28 Oct 2008

LONDON (Reuters) - Retail sales showed some resilience in October but continued house price falls and the threat of more shockwaves from the financial crisis gave little reason for cheer.

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Mortgage lending falls sharply in September

Home sales hit lowest in 30 years

Recession to last more than a year

Unemployment posts biggest rise since 1991

Inflation falls at record pace to 4.5 pct

House sales at 30-year low

BoE slashes rates by 100 bps as economy dives 1:01pm GMT

LONDON (Reuters) - The Bank of England slashed interest rates by a full percentage point on Thursday to shore up Britain's crumbling economy and head off the threat of deflation. Full Article

UPDATE 2-UK new car registrations fall 36.8 pct over year 11:15am GMT

LONDON, Dec 4 (Reuters) - New car registrations in Britain fell 36.8 percent on the year to November, the steepest decline in nearly three decades, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday. Full Article