Credit crunch 'may hit UK growth'
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UK economic growth may be 1% lower in 2008 and 2009 because of the credit crunch, the Ernst & Young Item Club says.
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The Bank of England suggests interest rates will likely have to rise again, according to its latest inflation report.
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British economy well-positioned to 'weather the global financial storms', prime minister says
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The chances of a recession are low even though UK economic growth will slow sharply, a report says.
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Business confidence in the UK economy has been knocked by the recent market turmoil, a survey says.
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Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets.
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Rising interest rates and a reliance on credit were blamed Friday for an increased number of British personal bankruptcies in the latest quarter.
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Mortgage lender calls on Bank of England to provide emergency funding, in new sign that the credit crunch is squeezing UK banking.
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No one knows how large the earnings losses at banks will be, but the turmoil in the credit markets will likely hurt the industry over the next couple of financial quarters.
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A recent research report points out non-financial companies that may be a risk because of the credit crunch.
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Business & money: BoE warns 'feedback loop' between financial markets and economy could result in downward spiral
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Federal Reserve policy-makers worried that a credit crunch could sharply brake economic growth and require big interest rate cuts, according to minutes of the Fed's December 11 policy meeting, released on Wednesday.
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Rising paychecks and expected job gains could offset high heating bills and a potential credit crunch.
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The US sub-prime loan crisis may push up UK mortgage rates, a former Bank of England adviser warns.
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Concerns about a slump in UK house prices may damage chances of selling Northern Rock, a report says.
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The OECD warns the UK economy may slow because of the credit crunch, forcing the Bank of England to cut rates.
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Business & money: Watchdog warns banks that balance sheets will be under extra scrutiny and so they should not try to hide the worst effects of the credit crunch