Economics / Markets

Fitch has become the first ratings agency to threaten a US credit ratings downgrade over the latest debt ceiling impasse.

UK consumer prices index (CPI) inflation remained stable in September at 2.7%.

The Chancellor, George Osborne, has announced he will give his annual Autumn Statement to parliament on 4 December 2013.

The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession.

The Social Investment Academy is hosting a conference next week at which more details are likely to be revealed on potential tax investments for investing in social investments.

The Royal Mail share price soared in pre-debut trading this morning, after it was confirmed some 700,000 small investors are to receive a stake in the privatisation of the 500-year-old company.

Janet Yellen's appointment as chairman of the US Federal Reserve could see tapering of quantitative easing (QE) as early as December, experts say.

SOAPBOX

US President Barack Obama will nominate Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank on Wednesday, according to a White House official.

The International Monetary Fund has upgraded its growth forecast for the British economy amid what it called ‘welcome signs' of a pick-up in activity following the global crash.