The economy

Employment rate reaches record high

The proportion of people in work has reached its highest level since comparable records began, with the unemployment rate falling to its lowest level since 2008. With wages rising and no inflation, this means a higher standard of living for workers across the country. But how should small businesses go about hiring people?

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CBI upgrades UK economic forecast

The Confederation of British Industry has upgraded its annual economic forecast for 2015 from 2.4% to 2.6%.

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UK economy enters deflation

The consumer prices index has entered negative territory for the first time since records began, data from the Office for National Statistics has shown. In this article we present a round-up of industry reaction and analyse the differences between deflation and negative inflation.

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Inflation rate remains at zero in March

The UK inflation rate remained at 0% in March 2015, according to official figures.

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Small firms to get productivity boost

A new fund designed to boost the productivity of small businesses has been launched by the UK Commission for Employment and Skills.

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Inflation falls to new low in January

UK inflation fell to 0.3% in the year to January 2014, according to official figures.

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Fastest annual economic growth since 2007

The UK economy grew by an annual rate of 2.6% across 2014, figures from the Office for National Statistics show.

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Inflation falls to record low

Inflation fell to 0.5% in December 2014, the joint lowest level since comparable records began in 1997, the Office for National Statistics has announced. The Consumer Prices Index measure of inflation fell from 1% in November 2014 after a drop in fuel prices. We look at factors that influence inflation and how the fall could affect businesses and individuals.

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Shop prices fall for 20th consecutive month

Shop price deflation slowed to 1.7% in December 2014, down from 1.9% the previous month, according to figures released by the British Retail Consortium.

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Chancellor announces business rates reforms

The Chancellor George Osborne announced a raft of business rates reforms designed to support the growth of small businesses during his 2014 Autumn Statement.

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