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Economics

Unemployment: Official figures showed that the unemployment rate rose by 30,000 to 2.46 million in the three months to the end of September, compared with the figures for the previous quarter.

Economic growth: The Bank of England has surprised analysts by raising its forecasts for economic growth over the next two years, stating in its latest Inflation Report that the weak pound and its £200 billion quantitative easing scheme should help to restore confidence.

Mortgage lending: The Council of Mortgage Lenders reported that the number of mortgages granted for house purchases rose by 2 per cent month-on-month to 50,600 in September and were up by 43 per cent year-on-year.

World economy: Confidence