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Andrew Verity
BBC economics correspondent. That should mean I'm corresponding with everyone. Views mine: facts, everyone's.
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Andrew Verity Feb 27
Lloyds added £150m to compensate German customers of Clerical Medical missold investments in 90s/early 2000s (ceo: J Crosby). Total:£520m
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Andrew Verity Feb 27
Lloyds has set aside another £150m for misselling swaps/interest rate hedging products to small business - bringing that bill to £680m
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Andrew Verity retweeted
Paul Royall Feb 17
At 10 with : on inflation. in Ukraine. +Bishops. in Athens. +footy.
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Andrew Verity Feb 17
Watch out for some sharp economic analysis on the Six O'Clock from the people of Northampton
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Andrew Verity Feb 17
ah yes the one essential that doesn't figure in the CPI. So would house price FALLS be an example of 'good deflation'?...
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Andrew Verity Feb 17
In services (everything from restaurant meals to banking to haircuts) prices rose in January by 2.4% - faster inflation than December
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Andrew Verity Feb 17
If you look at goods (and not services) average prices have fallen since November. In January they were down 1.5%
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Andrew Verity Feb 17
Every category of food was down except fish (up 1.1%). Average food price fall Jan 2014 to Jan 2015 was 2.8%
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Andrew Verity Feb 17
More effects of the bumper harvests (and cheaper transport). Potatoes and other root veg down in Jan 7.9% vs Jan 2014
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Andrew Verity Feb 17
Reason to celebrate? Beers was down 6.8% on a year ago, according to the ONS
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Andrew Verity Feb 17
In January alone, petrol was down 30.8% versus Jan 2014
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Andrew Verity Feb 17
Milk, fruit, games and toys and "cultural services" pulled the average price increase down - ONS
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Andrew Verity Feb 17
Inflation (on official CPI measure) in January was 0.3 per cent - the lowest figure on record
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Andrew Verity Feb 12
Growth of real take-home pay will accelerate to its fastest in a decade this year - Carney
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Andrew Verity Feb 12
Inflation will potentially turn negative in the spring - Carney
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Andrew Verity Feb 11
"The French had never had data like this before. I advised them how they should prepare it. I didn't know what the material was." Hartnett
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Andrew Verity Feb 11
Dave Hartnett told me the French first contacted him with the Falciani data in 2009 - for advice on how to handle it.
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Andrew Verity Feb 11
HMRC has data on HSBC Jersey involving accounts holding £700m. It's looking at 170 cases - but only expects to get £20m (PAC)
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Andrew Verity Feb 11
150 out of 3,600 cases were "seriously considered for criminal prosecution" by HMRC. But only 3 went to CPS (ev. to MPs on PAC today)
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Andrew Verity Feb 11
HMRC head of enforcement Jenny Granger confirms they sent only 3 cases (out fo 3,600 individuals in the Falciani files) to the CPS
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