UK PM Rishi Sunak names Egyptian billionaire Mohamed Mansour Treasurer of Conservatives
UK Prime Minister Rishi Sunak has appointed Egyptian billionaire and former Egyptian Minister of Transport, Mohamed…
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UK economy
UK inflation hits 41-year high at 11.1%
Britain's inflation jumped by 11.1 percent that records 41-year high in October exceeding expectations as food,…
Liz Truss to relax immigration rules to boost UK economy
Britain’s Prime Minister Liz Truss is expected to review the immigration rules to make it easier in an attempt to…
UK economy turmoil follows Queen Elizabeth’s death
The death of Queen Elizabeth has come against a backdrop of soaring inflation, a slumping currency and the worst…
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…
UK economy to enter recession in fourth quarter, Goldman Sachs says
UK economy will go into stagnation later this year, with the risk that it could turn out to be a deep contraction…
Bank of England unveils largest interest rate hike in 27 years
The Bank of England has on Thursday raised interest rates by 50 basis points, its largest single increase since…
UK enters recession after GDP dived by a record 20.4% in Q2
The U.K. economy contracted by 20.4 percent in the second quarter of 2020, compared to prior three months, as…
UK’s economy slumps to 40-year low in Q1
The UK’s economy witnessed the steepest drop since 1979 during the first quarter of 2020 as household spending…
UK economy contracted by 20.4% in April, the largest monthly fall on record
The U.K. posted the biggest monthly fall in GDP (gross domestic product) on record in April, according to the…
