The International Monetary Fund (IMF) has forecast strong and broad-based growth for 2018 in its’ biannual World Economic Outlook report. However, beyond the near-term optimism, the IMF has expressed the need to use growth to reduce government debt. Since the...
For the first time since 2009, the average price of housing in Norwich decreased for three consecutive months. It is a relief for prospective buyers that the annual price increase is slowing down. Yet, one question remains: will it...
Retail sales figures are always a great indicator of how the economy is doing. They tell us how much people are spending in the shops on our highstreets. Forecasters in the city had predicted a drop in sales this December by...
UK borrowing falls to lowest level in 11 years It is good news for the UK economy. Government borrowing has fallen by £3.5bn in the past year, making last year the lowest year of borrowing for 11 years. It means...
High street retailers and businesses all across the UK have been closing down in the past few months. With retailers such as Toys R Us and Maplin announcing on the same day that they had fallen into administration, and...
A flood of cold air from Siberia caused severe weather conditions across Europe in the last weeks. The ‘Beast from the East’ along with Storm Emma triggered storage and supply issues that led to a significant spike of gas...