GDP

Prime Minister David Cameron has pledged to continue cutting taxes for what he calls the "hardworking people in our country".

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The US economy expanded at a much greater rate than expected, according to latest figures released this afternoon, helping push benchmark US treasury yields back up to 2.82%.

The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics.

Analysts are upgrading their UK growth forecasts ahead of a potential upwards revision to Q2 figures this Friday.

Falling household savings rates have contributed to the UK's economic recovery and prevented it from sliding back into recession, according to the Trade Union Congress (TUC).

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The UK economy grew by 0.6% in the second quarter, in line with analysts' expectations and up from the modest 0.3% growth recorded in Q1.

Today's inflation figures are a warning light on the UK economy's dashboard, according to stockbroker MB Capital trading director Marcus Bullus.

The UK economy's road to recovery will be arduous but do not write off its equity market, says Nathan Sweeney, investment manager at Architas.