UK inflation edges higher in July ’25
UK inflation picked up slightly in July, driven by higher transport costs, particularly air fares, data from the…
Browsing Tag
British economy
UK house asking prices see sharpest drop since 2001
Asking prices for newly listed homes in Britain fell by 1.2 per cent in July, marking the steepest decline for the…
UK asking prices see sharpest drop in 14 years – Rightmove
Asking prices for homes in Britain dropped by 0.3 per cent between 11 May and 7 June, marking the steepest decline…
Sterling slips ahead of UK spending review
Sterling edged lower against the dollar on Wednesday, falling 0.2 per cent to $1.3472, as markets awaited British…
UK’s Reeves presses regulators to drive growth
British finance minister Rachel Reeves vowed to take further action to stimulate economic growth after data…
UK FinMin vows no return to austerity despite stringent budget
British Finance Minister Rachel Reeves announced on Monday that there will be no return to austerity or widespread…
UK’s PM vows to keep tax cutting plan
British Prime Minister Liz Truss has supported on Thursday the monetary policies that had announced last week which…
UK economy grows less than expected in July
British economy grew less than expected in July, rising by 0.2 percent from June, according to Office for National…
Britain names Liz Truss next prime minister
Britain’s ruling Conservative Party announced on Monday the new Prime Minster Liz Truss replacing Boris Johnson, as…
UK economy could shrink by 30% as coronavirus death toll soars
The British economy could shrink by up to 30 percent this quarter because of the coronavirus lockdown as the…
Brexit is putting a ‘cloud of uncertainty’ over UK economy: FinMin
The talks to leave the European Union are hurting the British economy by putting it under a "cloud of uncertainty,"…
European stocks rose ahead of Bank of England interest rate decision
European stocks traded higher in morning trade on Thursday ahead of the Bank of England's (BoE) rate decision where…
George Osborne Faces Criticism On Pledging $15 Bln To IMF
George Osborne, Britain’s Chancellor of the Exchequer, said Britain will pledge $15 billion to expand the resources…
Bank of England Maintains Interest Rate At 0.5%
The Bank of England’s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank…