UK productivity rises
UK workers increased their output per hour by 0.6% in the period from July to September 2014.
Productivity still remains about 2% below its pre-recession level of 2008.
All figures are quoted from the Office for National Statistics (ONS).
Farrell …
The Chancellor’s 2014 Autumn Statement
Chancellor George Osborne will deliver his Autumn Statement on Wednesday 3rd December.
The statement will provide an update on the government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility.
It is also hoped …
UK unemployed down by 121,000
UK unemployment fell to 2.12 million in the three months to May 2014.
Although unemployment has fallen, being made redundant is still a risk to your income. As the economic outlook changes, there has never been a more sensible time …
UK inflation rate falls to 1.5% in May 2014
The Consumer Prices Index (CPI) measure of inflation fell to 1.5% in May, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 2.4% in May from 2.5% in April.
Farrell Financial Planning does not give …
How would a UK interest rate rise affect people?
After a sustained period of low interest rates in the UK on 12th June 2014, the Governor of the Bank of England Mark Carney indicated a rise in interest rates could happen ‘sooner than markets currently expect’.
For some people …