A banking revolution is being plotted by two City grandees who want to bring 'traditional' lending back to Britain's high streets.
Retail sales defied analysts' forecasts in May to increase 0.6%, as consumer spending was boosted by the World Cup.
The consumer price index (CPI) of inflation eased in May to 3.4%, down from 3.7% in April, according to the Office for National Statistics (ONS).
UK manufacturing performance took an unexpected knock in April according to official data, adding to fears Britain's economic recovery is much weaker than previously thought.
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As the election campaign moves into its final stages there remains one ‘elephant in the room' which no politician really wants to talk about - the deficit and how after the election this will be tackled.
UK Government borrowing reached a new peak in 2009/10 but undershot the figure forecast in the Budget.
Britain's emergence from an 18-month recession was stronger than first thought, according to revised ONS data.
Inflation fell back to 3% in February after a sharp spike at the beginning of the year.