British inflation falls in October as oil and food price come down
London - Inflation in Britain fell to 4.2 per cent in October from 5 per cent in the previous month, the Office for National Statistics (ONS) said Tuesday. The fall in the Retail Price Index (RPI), a measure that takes into account housing costs, was...

[ Published on : Tue, 18 Nov 2008 07:45 ]

British economy shrinks sending pound into a nosedive - Summary
London - The British economy has shrunk for the first time in 16 years, the Office for National Statistics said Friday, sending shares and the pound into a tailspin. The release of the figures showing the economy in the European Unions second bigges...

[ Published on : Wed, 29 Oct 2008 06:32 ]