Inflation in the UK unexpectedly fell last month as retailers cut prices in response to the tightening squeeze on household incomes, figures revealed today.

Pressure on the Bank of England to raise interest rates eased today as UK inflation showed an unexpected fall in June.

Retail sales in the UK have “fizzled out” in recent weeks and will remain under pressure for some time to come, a gloomy survey from the CBI has warned today.

David Cameron will warn today that the scale of the challenge facing the British economy is "immense" and requires a long-term "transformation".

Markets tumbled today after poor employment and manufacturing reports in the US renewed investors’ concerns about the pace of global recovery.

Official figures are today expected to show the UK suffered its first bout of deflation in almost 50 years last month.

Supermarket giant Tesco today said it wanted to work with the British government on new laws to ensure the “responsible pricing” of alcohol.

Housing costs in the North are only half what they are in London, figures showed today.

News of a sharp increase in the number of people in work failed to move the London market today.

UK high street spending remained firm in March, with retail sales rising a higher than expected 0.6% from February, the British Office of National Statistics said.

The UK's trade deficit narrowed 24% in February as imports from the US fell to their lowest level since July 1995, figures from the Office of National Statistics (ONS) showed today.

British manufacturing has been hit by sterling's strength according to latest data.

UK retail sales were flat in February as recent increases in interest rates failed to stifle consumers' spirits. However, January's increase was revised dramatically higher, according to official figures.

UK consumer prices rose at an expected year-on-year pace of 1.3% in December, unchanged from November, Britain's Office of National Statistics has said.

UK manufacturing output declined for a second consecutive month in September, prompting doubts about the strength of recovery in the sector.

City traders in London were hoping the Stock Market would continue its resurgence today after the benchmark FTSE 100 Index finished ahead yesterday for the first time in six sessions.

Nineteen people were tonight being treated for Legionnaires’ disease after what doctors fear could be the UK’s ever biggest outbreak.

Ireland’s pro-life movement tonight claimed record numbers of Irish women having abortions in Britain were directly linked to a 1995 decision to make available information about overseas termination facilities.