The UK is facing "sharper disparities" in inequality despite wider global growth, but monetary policy is not to blame, Mark Carney has said.Read the full story ›
Mark Carney, the Governor of the Bank of England, has warned that growing levels of household debt are a threat to the economy.
People are borrowing more for the first time since the financial crisis of 2007 and credit card debt is rising.
According to the Bank's latest figures, household debt now stands at 133% of income, ITV News Business Editor Joel Hills reports.
The bank now needs to raise £2 billion to boost its financial strength.Read the full story ›
Research from the Centre for Economics and Business Research says sector-by-sector trade agreements could damage the UK's economy.Read the full story ›
Chancellor Philip Hammond has begun delivering his first Autumn Statement in the House of Commons. Watch it live:
You can also watch the Autumn Statement live on our Facebook page
What exactly is the Trans-Pacific Partnership (TPP), why is it important and what is Donald Trump's opinion on it? ITV News explains.Read the full story ›
Philip Hammond will also green-light a road linking Milton Keynes, Oxford, and Cambridge, in the Autumn Statement next week.Read the full story ›
Paul Drechsler will stress that businesses need to know where they stand the moment that Brexit comes into force.Read the full story ›
Almost half of UK voters believe the economy will get worse over the next year, a new study has revealed.
In a survey by Ipsos MORI, 47% said they expected the economy to deteriorate, in comparison to the 26% who said it would improve.
However the overall economic optimism score of minus 21 is the third-worst recorded since March 2013.
With just a week to go before Philip Hammond's Autunm Statement, 39% said they were satisfied with the Chancellor's performance - a figure 12 points higher than predecessor George Osborne's last rating.
Ipsos MORI interviewed 1,013 adults between November 11 and 14.
- Video report by ITV News Economics Editor Noreena Hertz
UK retail sales rose at their strongest yearly rate in more than a decade in October as shoppers bought winter clothes and supermarkets reported a successful Halloween.
Sales were 7.4% higher than the same month last year, the fastest year-on-year growth since April 2002, Office for National Statistics figures show.
Online sales were at their strongest for five years, proving consumers remained eager to shop despite uncertainty over the potential fallout from Brexit.
The amount spent in the retail industry was up by 2.1% compared with September, while the amount spent online increased by 26.8% compared with October last year and by 1.3% compared with September 2016.