UK inflation rate falls to 2.4% in June 2012
The Consumer Prices Index (CPI) measure of inflation fell to 2.4% in June, down from 2.8% in May, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 2.8% from 3.1%.…
Scottish Tourism boost
Scotland’s tourism industry is continuing to grow as the number of overnight visitors to Scotland rose by 9 per cent in 2011 according to the latest figures.
Figures from the Office of National Statistics publication “Overseas travel and tourism: Quarter …
The Bank of England launched a third round of quantitative easing (QE)
The Bank of England has announced it will pump a further £50bn into the UK economy over the next four months through its quantitative easing (QE) programme to try and boost the UK economy.
The Bank of England has bought …
Bob Diamond quits as Barclays chief
Barclays chief executive Bob Diamond has resigned with immediate effect.
His resignation comes less than a week after Barclays was fined £290 million for trying to manipulate LIBOR rates.
Diamond became CEO of Barclays on Jan. 1, 2011 after joining …