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Bank of Japan upbeat on economy

Bank of Japan upbeat on economy | Active money | Scoop.it
The Bank of Japan gives an upbeat assessment of the country's economy, saying it is starting to "recover modestly".
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Carney takes over as new Bank chief

Carney takes over as new Bank chief | Active money | Scoop.it
Mark Carney officially takes over as head of the UK's central bank, replacing Sir Mervyn King as governor of the Bank of England.
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Fed 'could end bond-buying in 2014'

Fed 'could end bond-buying in 2014' | Active money | Scoop.it
The Federal Reserve maintains its $85bn-a-month (£54bn) asset purchase programme, but says it could begin scaling back later this year and ending it completely in 2014.
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Italy and France economies diverge

Italy and France economies diverge | Active money | Scoop.it
Mixed data from the eurozone suggests the French economy picked up in April, while Italy's decline has deepened.
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Banks continue to cut lending

Banks continue to cut lending | Active money | Scoop.it
UK banks have continued to reduce the amount they lend, Bank of England figures show, in spite of government attempts to reverse the trend.
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EU nations allowed to ease austerity

EU nations allowed to ease austerity | Active money | Scoop.it
The European Commission has said it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth.
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OECD cuts eurozone growth forecasts

OECD cuts eurozone growth forecasts | Active money | Scoop.it
The OECD has again cut its growth forecasts for the eurozone and called on the European Central Bank to consider doing more to boost growth.
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Payday lenders 'out of control'

Payday lenders 'out of control' | Active money | Scoop.it
The payday loan industry is "out of control", a charity says, following claims of irresponsible lending and harassment.
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Bank of England upgrades forecasts

Bank of England upgrades forecasts | Active money | Scoop.it
The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.
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Cyprus receives EU-IMF bailout funds

Cyprus receives EU-IMF bailout funds | Active money | Scoop.it
Cyprus receives the first tranche of a 10bn-euro bailout package from international creditors agreed earlier this year, with Greece also due to receive further funds.
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UK industrial output beats forecasts

UK industrial output beats forecasts | Active money | Scoop.it
UK industrial production rose in March, boosted by manufacturing and a recovery in oil and gas output, according to the Office for National Statistics.
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HSBC profits surge as bad loans fall

HSBC profits surge as bad loans fall | Active money | Scoop.it
HSBC almost doubles pre-tax profits to $8.4bn (£5.4bn) in the first three months of 2013 after trading conditions in the bank's key markets improve.
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Recovery on track, but not racing ahead

Recovery on track, but not racing ahead | Active money | Scoop.it
It's fair to say that most forecasters thought the recovery had less momentum behind it than these official figures suggest.
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Firms' confidence 'at six-year high'

Firms' confidence 'at six-year high' | Active money | Scoop.it
Business confidence in the UK is at its highest level since 2007 and the economy is slowly strengthening, a survey from a leading business group suggests.
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China factory activity slows further

China factory activity slows further | Active money | Scoop.it
China's manufacturing activity weakens further in June, falling to a nine-month low as demand falls, according to a preliminary survey by HSBC.
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Tinkering troubles: a history of pension policy U-turns - Citywire

Tinkering troubles: a history of pension policy U-turns - Citywire | Active money | Scoop.it
As the basic state pension’s triple lock appears to be going the same way as many other government pension policies, we look back at some of the biggest pension U-turns of recent times.
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UK manufacturing sees growth pick up

UK manufacturing sees growth pick up | Active money | Scoop.it
The UK manufacturing sector grew at its fastest pace in more than a year last month, according to a survey, with production and new orders picking up.
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Pensions saving 'at all-time low'

Pensions saving 'at all-time low' | Active money | Scoop.it
The number of people in the UK saving for retirement is at an all-time low, according to a report by pensions and investments company Scottish Widows.
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Financial gripes 'reach 7,000 a day'

Financial gripes 'reach 7,000 a day' | Active money | Scoop.it
Consumers' lack of trust in financial firms led to a 92% rise in cases taken up by the financial ombudsman last year - with 7,000 queries and complaints each working day.
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US house prices 'see strong rise'

US house prices 'see strong rise' | Active money | Scoop.it
US house prices in March were up 10.9% from a year earlier, the best annual rise in seven years, according to a closely-watched survey.
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King, Mervyn: Out for 82

King, Mervyn: Out for 82 | Active money | Scoop.it
Sir Mervyn King was more direct than usual in his 82nd Inflation Report press conference - which was also his last.
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Housing demand 'highest since 2009'

Housing demand 'highest since 2009' | Active money | Scoop.it
Demand for flats and houses in the UK has risen to its highest level for three and a half years, according to an industry survey.
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UK business sees better prospects

UK business sees better prospects | Active money | Scoop.it
Confidence is improving across most UK businesses, according to the latest business surveys, although manufacturers are less optimistic.
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Bank holds fire on stimulus move

Bank holds fire on stimulus move | Active money | Scoop.it
The Bank of England keeps its stimulus programme of quantitative easing (QE) unchanged and also holds interest rates at 0.5%.
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US consumer spending beats forecasts

US consumer spending beats forecasts | Active money | Scoop.it
US consumer spending unexpectedly rose in March, up 0.2% on the month, but growth was slower than in the first two months of the year.
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