The economy

Economy to grow 3.2% in 2014

The UK economy will this year grow by more than 3% for the first time since 2007, according to updated forecasts from the British Chambers of Commerce (BCC).

Inflation falls in July

The consumer prices index rate of inflation fell to 1.6% in July 2014, down from 1.9% in June 2014, according to official figures.

Scottish employment at record high

Employment in Scotland has reached the highest level since records began in 1992, according to figures published by the Office for National Statistics.

NI apprenticeships could narrow skills gap

Businesses in Northern Ireland predict a skills shortage, according to research by Confederation of British Industry.

Students dream of becoming entrepreneurs

Almost a quarter of people starting university this year plan to work for themselves when they graduate, research by HSBC has found.

Housing market cools in July

UK house prices grew at the slowest rate in 18 months in July 2014, research by market analyst Hometrack has found.

NI unemployment drops to 6.7%

The Northern Ireland unemployment rate fell to 6.7% between March and May 2014, figures released by the Office for National Statistics have revealed.

Scottish GDP above pre-recession level

Scottish gross domestic product grew 1% in the first quarter of 2014, according to figures released by Scotland's Chief Statistician.

Inflation rises sharply

The consumer prices index rate of inflation rose sharply to 1.9% in June 2014, up from 1.5% in May 2014, according to official figures.

Manufacturing output falls 1.3%

UK manufacturing output fell by 1.3% in May 2014, the biggest drop since January 2013, according to official figures.

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