growth

T.Bailey has got the go-ahead by the Investment Management Association to provide 5-year performance data when its existing, separate, fund-of-funds products hit the fifth anniversary target in a single, merged form.

UK GDP increased by 0.9% in the second quarter this year, helping send the annualised GDP growth rate to 3.7% over the past 12 months.

Britain may soon face a "financial crisis" if the government refuses to cut public spending or raise taxes, warns the Centre for Economics and Business Research.

Growth forecast at 3% to 3.5% this year

Housing markets in the UK, Spain, France and Ireland saw double-digit growth in 2003, but none are expected to maintain such high rates of inflation during 2004, suggests the RICS European housing survey.

Standard & Poor's, the credit ratings agency, says a review of US Growth fund managers shows most are bullish about the prospects of growth stocks through this year despite a slowdown in earnings growth expectations.