Becket Economics
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US economic growth slows sharply to 0.1% in first quarter

US economic growth slows sharply to 0.1% in first quarter | Becket Economics | Scoop.it
US economic growth slows to 0.1% in the first quarter of the year, thanks to the impact of unusually bad winter weather.
isabel stocks's insight:
Exchange rate between dollar and pound at record low as a result
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Thousands use Help to Buy loans

Thousands use Help to Buy loans | Becket Economics | Scoop.it
Some 5,375 new homes were bought in six months in England using the initial phase of the government's flagship Help to Buy scheme, figures show.
isabel stocks's insight:

'building at the fastest rate since the crash in 2008' - shows good signs for economy, helping first time buyers

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Petrol prices 'continue to fall'

Petrol prices 'continue to fall' | Becket Economics | Scoop.it
UK motorists are paying the lowest average petrol prices for more than two and a half years, according to the AA.
isabel stocks's insight:

this will encourage more road use by consumers

 

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UK trade gap widens in September

UK trade gap widens in September | Becket Economics | Scoop.it
The UK's goods trade deficit was at its widest for almost a year in September, figures from the Office for National Statistics show.
isabel stocks's insight:

although trade may be increasing, construction is believed to be 'holding the economy back' despite the ever increasing demand for housing in this country

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Retail sales in surprise August fall

Retail sales in surprise August fall | Becket Economics | Scoop.it
Retail sales volumes falls unexpectedly by 0.9% in August according to the Office for National Statistics, but manufacturing news elsewhere is positive.
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Housing market 'recovery spreading'

Housing market 'recovery spreading' | Becket Economics | Scoop.it
Housebuilder Barratt Developments says the recovery in the housing market is starting to spread beyond London and the South East.
isabel stocks's insight:

trend with a positive impact- more availible housing nationaly

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UK economy turning corner - Osborne

UK economy turning corner - Osborne | Becket Economics | Scoop.it
The UK economy is "turning a corner", Chancellor George Osborne says during a speech in London.
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Mr Jones's curator insight, September 11, 2013 10:27 AM

Thanks to Isabel for this.  Is the Chancellor right to say that the UK economic performance is improving?

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Firefighters vote for pension strike

Firefighters vote for pension strike | Becket Economics | Scoop.it
Members of the Fire Brigades Union vote in favour of industrial action, in a row over plans to raise the age at which they get their full pension.
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Apprenticeship demand up by a third

Apprenticeship demand up by a third | Becket Economics | Scoop.it
Applications for apprenticeships made online rose by almost third during the twelve months to the end of July compared to the previous year.
isabel stocks's insight:

due to uni fees increasing more people doing apprenticships

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CBI says strong UK growth is slowing after recent highs

CBI says strong UK growth is slowing after recent highs | Becket Economics | Scoop.it
The UK economy is still growing strongly, but not at the pace seen in recent months, the Confederation of British Industry (CBI) says.
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Economy will take 'years' to recover

Economy will take 'years' to recover | Becket Economics | Scoop.it
The Bank of England's chief economist Spencer Dale tells the BBC it will be "a number of years" before the UK economy returns to "normal".
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Bank holds rates at record low

Bank holds rates at record low | Becket Economics | Scoop.it
The Bank of England holds interest rates at the record low of 0.5% and makes no change to its stimulus programme of quantitative easing.
isabel stocks's insight:

with lower interest rates, demand for mortgages could increase

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Mortgages explained for first-time buyers

Mortgages explained for first-time buyers | Becket Economics | Scoop.it
A mortgage broker explains how to safely navigate through the mortgage maze, finding out what types of mortgage are out there, and what is best for you.
isabel stocks's insight:

mortgages are composite goods for housing market

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Readers' big infrastructure projects

Readers' big infrastructure projects | Becket Economics | Scoop.it
Experts judge the feasibility of readers' suggestions for big infrastructure projects.
isabel stocks's insight:

positive trend- ideas for transport services and improved infrastructure in the UK

but could have huge costs, leading to even worse debts for the economy

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Plastic banknotes 'ready for 2016'

Plastic banknotes 'ready for 2016' | Becket Economics | Scoop.it
Smaller, wipe-clean plastic banknotes could be introduced by the Bank of England from 2016, matching some currencies across the world.
isabel stocks's insight:

benefit consumers- may last longer and be easier to carry and use etc.

would also cut down on paper consumption

but does use plastic from oil, a finite resource

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UK manufacturing 'booming again'

UK manufacturing 'booming again' | Becket Economics | Scoop.it
UK factories are "booming again", a survey of the manufacturing sector says, with output and new orders growing at their fastest rates since 1994.
isabel stocks's insight:

good for uk economy- could help with overcoming banking debts, and the after effects of recession

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UK unemployment falls back slightly

UK unemployment falls back slightly | Becket Economics | Scoop.it
UK unemployment falls by 4,000 in the three months to June to 2.51 million, according to the Office for National Statistics (ONS).
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India's economy continues slowdown

India's economy continues slowdown | Becket Economics | Scoop.it
The latest figures on the Indian economy show a growth rate of 4.4% for the April-June quarter, compared with the same period the previous year.
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