The boss of one of Britain’s biggest builders merchants, Travis Perkins, has warned public spending cuts and tax rises have started to drag down a recovery in the construction industry. Read More Construction recovery held back by austerity measures
Posted in FX News | Tagged austerity, back, by, construction, held, measures, recovery
The Bank of England has held rates at 0.5pc for the 25th month in a row, despite inflation running at 4pc – double the target rate. Read More Interest rates held at 05pc reaction
Posted in FX News | Tagged 05pc, at, held, interest, rates, reaction
U.S. industrial production was unchanged in October following an unrevised 0.2% decline in September. The flat reading in October was below market expectations for a 0.3% increase. As well, the capacity utilization rate held steady at September’s upwardly revised level of 74.8% (previously reported as 74.7%). Read More US Industrial Production Held Steady in October
Posted in FX News | Tagged held, in, industrial, october, production, steady, us
The Prime Minister Gordon Brown has said the Budget will be delivered on March 24, in what will be one of the most hotly anticipated statements since Labour came to power. Read More Budget to be held on March 24
Posted in FX News | Tagged 24, be, budget, held, march, on, to
