The UK economy returned to modest growth in the first three months of 2011, official figures reveal today, following a shock decline at the end of last year.
Inflation unexpectedly dropped last month, official figures show today, weakening the prospect of an imminent interest rate hike by policymakers at the Bank of England.
Households are facing the biggest peace-time squeeze in their spending power since 1921 as wages fail to keep up with soaring inflation, according to a new report.