The Bank of England was today urged to press ahead with a widely-predicted cut in interest rates after data showed the retail sector remained in the doldrums.

Calls from business leaders and homeowners for lower interest rates were set to fall on deaf ears today.

Engineering giant BAE Systems is to open a recruitment office in Birmingham in a drive to hire some of the workers losing their jobs following the collapse of MG Rover, it was revealed today.

Thousands of workers at MG Rover were today awaiting the inevitable arrival of their redundancy notices following the collapse of the carmaker.

Thousands of workers at ailing British car giant MG Rover were sent home on full pay today and were left in no doubt that the chances of a deal to secure their future were slim.

The UK should treat China as a trading partner rather than a threat, a British government minister said today at the end of an official visit to the region.

The historic link between Britain's Labour party and the unions is for life not just an election campaign, the party’s chairman said tonight.

The leader of the TUC in the UK today hit back at claims that trade unions were irrelevant and issued a fresh warning that workers will strike over the pensions crisis.

The British government was today launching a high profile drive to encourage British firms to take advantage of the opportunities offered by the European Union’s 10 new member states.

Britsh government plans to improve the efficiency of public services will encourage only cosmetic change and will fail to stamp out poor practices, a business group said today.

The UK economy is unlikely to be significantly impacted by the addition of 10 new countries to the European Union, experts said today.

Confederation of British Industry (CBI) chief Digby Jones called on Europe and America today to “practise what they preach” on free trade by agreeing to slash agricultural subsidies.

Britain must make its decision on the euro within the next year or so and ‘‘get on with its life’’, the director general of the CBI urged today.

The Bank Of England was today urged by both sides of industry to cut interest rates to give the economy a much-needed boost.

The economic slowdown in Britain which has hit manufacturing in recent months, with the loss of thousands of jobs, is spreading to the service sector, a new report warned today.

The Bank of England's Monetary Policy Committee has issued a statement explaining its reasons for cutting the base rate from 5.75% to 5.5%.

The Bank of England's Monetary Policy Committee has issued a statement explaining its reasons for cutting the base rate from 5.75% to 5.5%.

The two biggest groups representing workers and employers have joined forces to make their first ever joint Budget submission.