Jobless total lowest since July 2008
Craig TaylorUK unemployment has fallen to its lowest rate since July 2008, official figures have shown. BBC News – Business
Business
Greece in new credit rating downgrade
S&P downgrades Greece’s credit rating saying it expects its financial commitments will be “unsustainable”. BBC News – Business
UK inflation rate remains at zero
The UK’s inflation rate remained at a record low of 0% in March, official figures show. BBC News – Business
Hiring remains at ‘sky-high’ levels
Employers plan to keep hiring more staff, but concerns remain about the UK’s failure to raise productivity, a new report warns. BBC News – Business
Capital One cuts cashback deals
Cashback credit cards provider Capital One is cutting the rewards it offers on its products, blaming a European Parliament ruling to cap “interchange fees”. BBC News – Business
UK industrial output edges higher
UK industrial output rose by just 0.1% in February, according to the latest figures from the Office for National Statistics. BBC News – Business