Independent Investor

The amount of UK public sector borrowing has fallen in May, according to figures published by the Office of National Statistics, counteracting a surprise 5% increase in borrowing in April from the year previous.
The amount of money borrowed by the UK government to fund public spending in May has fallen by 6% on the same period last year, according to figures published today by the Office of National Statistics.
Borrowing was down to £17.4bn in May, as growing VAT revenues and an increase in general taxation take helped offset the costs …

The Office for National Statistics has revised up its construction industry figures, showing a lesser decline than first projected over Q1 and adding almost 0.1% to GDP growth over the three months to March.
The outlook for the UK construction industry has been given a boost following a revision of growth figures for the first quarter, showing a less severe contraction over Q1 than was previously suggested.
Figures published by the ONS have been revised to show a 4% contraction across the construction sector, rather than the 4.7% initially put forward, helping …

The Eurozone economy has grown at a faster rate of 0.8% in Q1, thanks to a strong performance from Germany, surpassing analyst expectations and helping buoy confidence in the European economy.
The Eurozone economy has grown by 0.8% in the first quarter of 2011, driven by unusually strong growth from Germany offsetting weaker performance in other areas of the region.
The German economy grew by 1.5% over the three-month period, despite weak performance in Spain, and even continuing recession in Portugal, sparking concerns that regional growth may level out over the remainder …

The US rate of inflation has grown at a slower rate in April, as a result of a halt in the rise in food and fuel costs contributing to a lesser rise in consumer prices.
The US rate of inflation has seen a slower increase than anticipated over the course of April, largely in response to a slowing in food and fuel price inflation, helping appease domestic concerns over the impact of rising prices on living standards.
Consumer inflation was recorded at 0.4% in April, down from 0.5% in March, according to …

The rate of inflation across the eurozone has leapt to an unexpectedly high rate of 2.7%, despite the recent 0.25% increase in interest rates, prompting some analysts to suggest another rate rise may be imminent to help on the road to economic recovery.
The eurozone rate of inflation has risen to 2.7% last month, according to figures released by Eurostat, prompting increasingly strenuous calls for a further increase in interest rates in a bid to stabilize inflation and help the wider economic recovery.
The jump in inflation surpassed analyst expectations, who had …