Falling rental costs, cut growth forecasts, and part-time working - here's your need-to-know business news roundup.
Rental costs in England and Wales fell by 0.8 per cent in December according to new figures.
The latest survey from LSL Property Services found that average rent fell to £711 a month. [BBC]
The IMF has cut its forecasts for global growth to 3.3 per cent from 4 per cent.
The Fund said “growing tensions in the euro area” were making a recovery more difficult. [Telegraph]
More than a million people are being forced to work part-time because of the ongoing employment crisis.
The latest ONS figures suggest that at least 1.31 million people are working part-time when they would prefer to work full-time. [Independent]
