Interest rates look set to stay at their record low for longer than thought.
The Bank of England's deputy governor has said that weak pay rises and low inflation mean there is less urgency to raise the 0.5 % rate.
Sir Jon Cunliffe gave the insight in a speech in Cambridge.
He said that a slowdown in the Eurozone and global growth also meant that interest rates could be kept at their current low for longer than thought.

Where do you think the best place to work is?
Internet giant Google has been named as 2014's best workplace in the world in a new poll.
The search engine topped a global table of 6,200 of the world's biggest companies.
It claimed the coveted number one spot for the third year running in the World’s Best Multinational Workplaces List unveiled by global consulting firm Great Place to Work (GPTW).
Workplace culture, company policies and practices, employee trust, camaraderie and pride were all crucial factors.

We were delighted to attend the best Opportunities Fair so far at Portsmouth Guildhall.

Half a dozen of our dedicated team gave up their Saturday to man our stand at the fourth annual careers showcase.

We joined many other businesses at the popular event to show young people aged 10 to 13 and their families just what exciting opportunities there are in the area when they leave school, college and university. Hundreds of people poured through the doors on the day.

We'll be joining in the fourth annual Opportunities Fair at Portsmouth Guildhall this Saturday, October 18.

Our expert and friendly staff will be among industry and business professionals manning a stand at the event from 10am to 3pm.

The extravaganza is being held for pupils aged 10 to 13 - and their families - to showcase the exciting opportunities and wide range careers on offer in the city when they leave school.

The unemployment rate has fallen below two million for the first time in nearly six years, according to new figures.

The Office for National Statistics said that number of people out of work dropped by 154,000 to 1.97million in the three months to the end of August.

It's the lowest since the end of 2008 and means the unemployment rate is just 6 %.

In another boost, Sir Ben Ainslie has announced the first jobs at his America's Cup sailing base in Portsmouth.

What are you up to this weekend?
If you are househunting, then the good news is that interest rates have been kept at their record low of 0.5 %.
There's speculation that they make go up slightly next spring to 0.75 % although some economic experts say a rise could come as early as the new year.
So, now is a good time if you are looking to move or remortgage.
As we celebrate our 25th anniversary year, we've seen demand rocket for our surveys and property related services.

New figures show a double boost for the economy and the property market.
The International Monetary Fund (IMF) has placed Britain in the fast lane with economic growth forecast at 3.2 % this year and 2.7 % next year. That's faster than any other developed nation.
It augers well for the future as we move forward to put the worst recession in living memory behind us.
Also, annual house price figures from the Halifax show an increase of 9.6 % in the year to the end of September.

It's been a landmark week for us after we welcomed Veness Chartered Surveyors to the McAndrew Martin fold.
We're looking forward to a successful future growing the business and providing an even greater range of support and customer service for our many clients and prospective customers across Hampshire, Sussex and the South.
It is particularly timely as we see a continuing demand for our services - including surveys and architecture - and as the property market continues to strengthen.

Today's the day - we welcome Veness Chartered Surveyors to McAndrew Martin.
We announced the acquisition of Cosham-based Veness at our 25th anniversary celebration at the Spinnaker Tower in early September.
Now, as of October 1, the acquisition has officially taken effect - and we're delighted to welcome all at Veness on board.
Veness was founded in 1973 and has clients throughout Hampshire and Sussex.
This merger of our two well-established and like-minded companies will create one of the leading practices in the Portsmouth area.

How much is your house worth?

New figures are out today from the Land Registry showing movement in the property market in August - with Portsmouth and Hampshire stable with steady increases compared to other parts of the country.

Nationally, annual house price growth accelerated by 8.4% compared with last year - the highest annual increase for August for nearly seven years. There was also an increase of 1% compared with July - making the average price of a home nationally £177,824


Subscribe to RSS - Design