UK economic growth slows to 0.3%

The rate of economic growth halved in the three months to the end of March, official figures show, marking the slowest quarterly growth for two years.

UK interest rates remain at record low of 0.5%

The Bank of England has held UK interest rates at a record low of 0.5% for another month. It has also decided not to extend its quantitative easing programme, designed to stimulate lending in the economy, beyond the £375bn already spent.

UK services sector expands by more than expected in May

The UK's dominant services sector grew at a faster rate than expected in May, while employment in the sector stayed at a 17-year high recorded in April, a survey has shown.

UK current account deficit near record high at £22.4bn

The UK's current account deficit was larger than expected in the final quarter of last year, official figures have shown.

UK services growth reaches 16-year high

Activity in the UK services sector grew at its fastest pace since 1997 in the third quarter of the year, a closely-watched survey has indicated.