News & Events | WDM - Part 213

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Inflation rise leads to interest rate speculation June 19, 2014

According to the Office for National Statistics (ONS), the rate of inflation in April 2014 rose for the first time in nine months. Discounts in shops and air fares are thought to be the driving factors behind the rise. Expectation is that Consumer Price Index (CPI) figures for May will show a slight decline to
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Corporation tax and CGT ‘should be abolished for SMEs’ June 19, 2014

Corporation tax and capital gains tax should be abolished for businesses with fewer than 50 employees, according to advertising magnate Lord Saatchi. In a report for the Centre for Policy Studies he claims that the move would generate growth and help speed up the reduction of the deficit. Lord Saatchi’s report observes that 90% of
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UK ranks highest in foreign investment for 2013 June 13, 2014

Ernst & Young (EY) has released its Foreign Direct Investment (FDI) index for Europe, ranking the UK top in both number of FDI projects and job creation. Germany, France, Spain and Belgium also continued to dominate the top five for projects. The number of FDI projects in total reached an all-time high but job creation
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UK economy exceeds pre-crisis levels, says thinktank June 13, 2014

The National Institute of Economic and Social Research (NIESR) has published a forecast which suggests economic growth is back on track. An NIESR spokesperson said: ëThat means the level of GDP has surpassed its pre-recession peak, and is approximately 0.2% above where it was in January 2008í. The news has been long-awaited and expected by
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Figures show property boom slowing June 13, 2014

The Royal Institution of Chartered Surveyors (RICS) has released figures showing that the number of new inquiries from househunters has fallen to its lowest in over a year. Figures from May also showed that the number of UK homes coming on to the market has shrunk for the fifth consecutive month, and house purchase loans
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