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Economics News and Commentary
 
News: BBC News: Economy

House prices fall again in August
House prices fell for the second month in a row in August, according to the Nationwide building society.

ECB ups eurozone growth forecasts
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.

Russia extends grain export ban
Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says.

Eurozone growth of 1% confirmed
The eurozone economy grew by 1% between April and June, driven by strong German growth, official figures confirm.

Plans for more £5 notes in ATMs
All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.

Afghan bank 'to avoid collapse'
The head of Afghanistan's Central Bank tells the BBC he will not allow the country's biggest commercial bank to collapse.

Blair 'warned on economy' in 2005
The UK should have addressed its public deficit back in 2005, former Prime Minister Tony Blair has told the BBC.

Higher student loan rates begin
Millions of graduates will now start paying interest on their student loans again as new interest rates come into effect.

Wheat pushes world food prices up
UN says international food prices have risen to levels not seen since 2008, partly because of drought in Russia.

Credit card debt is hitting banks
Banks have written off a record amount of credit card debt despite charities reporting a fall in calls from worried borrowers.

Currency trading hits $4tn a day
A three-year report into currency dealing shows rapid growth in trading, with the majority of trades happening in London.

Australian economy doubles pace
Australia's economy grew for its sixth straight quarter hitting 1.2% thanks to high demand for commodities.

Record rise in home solar panels
A record number of UK homeowners installed solar panels in August, according to energy regulator Ofgem.

Private toll roads 'no solution'
Private toll roads are not a cost-effective answer to traffic problems, the government is warned by transport campaigners.

Fed mulls further debt purchases
Minutes from its August meeting reveal the US Federal Reserve will buy up more debt if conditions worsen "appreciably".

Brazilian housing boom
After years of building for others, Sergio Oliveira has bought a home of his own

Balancing act
Singaporeans' concerns about the number of immigrant workers

Virtual rule
A Russian republic goes electronic to deal with red tape

All in the same boat
European tourists share their views on the euro crisis

Living happily ever after?
Coping with retirement: how are your parents coping, and how do you prepare?

Cost of drought
Russia's economic growth hit by extreme temperatures

 
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