The recent inflation report published by the Office for National Statistics indicates inflations growth in the British economy.

According to data provided by the Office for National Statistics, the number of unemployed people in the UK in May decreased by 8,600 people.

According to the latest report published by the Office for National Statistics (ONS), the UK’s external trade data indicated a deficit decline in April.

The crediting of British companies is seeing a decline despite multiple efforts made by the Bank of England, which is currently trying to crate loyal borrowing conditions for British banks.

In view of the fact that the debt crisis in Europe continues, income from investment banking activities are reduced, the four largest banks in the UK - Lloyds Banking Group, Barclays, Royal Bank of Scotland Group and HSBC Holdings stated the decision to fire 189 thousand employees by the end of the current year the purpose of reduction of increasing expenses.