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Saturday, 4th July 2009

Economic indicators

Hopes of swift recovery in construction industry are dashed HOPES of a recovery in the construction industry were dashed yesterday as new economic data showed that activity in June fell back from May's 13-month high.

Banks slow to ease access to business as loans get dearer LENDING to credit-starved businesses has not risen as fast as hoped for during the past three months, the Bank of England has revealed.

UK economy shrinks at fastest rate in 61 years THE UK economy has contracted at its fastest rate for half a century, casting fresh doubts on Gordon Brown's election strategy.

Dark Star leisure business collapses DARK Star, the leisure management business part-owned by the entrepreneur behind the collapsed McKever Group of hotels, has gone into administration.

Forbes warns Salmond over tax burden

Rising price of oil could wreck UK's recovery from recession

Report shows 38% demolition in construction orders

West Bromwich confirms debt deal talks in progress

Bank's survey allays fears of deflation

'UK can't bank on financial services to revive economy'

UK 'beats rest of industrial world in race to recovery'

Job cull as C&G vanishes from high street

800 jobs lost as last-ditch rescue hope vanishes for van-maker

Unemployment pain will linger 'for eight years'

Forced out of business by his bank, one man's bitter tale

Begbies puts a damper on recovery hopes as insolvency business booms

Beneficial Finance to shut offices in Scotland

'Worst over' for economy as service sector shows growth

Iomart nets 45% leap as web market bucks the recession

EQ counts on growth amid recession

CBI welcomes signs of the credit freeze beginning to thaw

Jobs fears in Vauxhall takeover

FSA tries to break the banks with 'worst-case' stress tests

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