Bank of England interest rate cut ‘almost certain’ after poor growth
Rate cuts are heavily predicted for the coming months. Fresh growth figures have fuelled speculation of an August…
UK economy shrinks for second month in a row after unexpected slump in May
The UK economy shrank by 0.1 per cent in May (PA Archive) The UK economy shrunk in May…
Stocks rise as UK inflation slows ahead of Bank of England decision
Asian equity markets were mixed overnight, with the Hang Seng index (^HSI) leading the losses in the region,…
UK economy shrinks by 0.3% in April
The UK economy shrank by more than expected in April, according to official figures, with the figures coming…
Economy shrinks by more than expected amid record fall in exports to the US
The economy saw the biggest monthly contraction for a year-and-a-half in April as manufacturing activity pulled back sharply…
UK economy contracts sharply in April: Will the BoE respond?
Britain’s economic recovery suffered a setback in April, with gross domestic product (GDP) shrinking by 0.3% on a…
UK economy shrinks by more than expected in April – ONS
The UK economy saw the biggest monthly contraction for a year-and-a-half in April in a setback to Chancellor…
Slower April wage growth to feed into interest rate cut hopes
Bank of England officials are expected to cut interest rates another two times this year. An expected drop…
UK government borrows more than expected in March
The government borrowed more than expected in the year to March, according to official figures. Borrowing, the difference…
Stocks tumble into the red as trade war fears offset slowing UK inflation
China has unexpectedly appointed a new trade envoy, as officials said the US’s practice of “tariff barriers and…
UK consumers unexpectedly boost their shopping in February
LONDON (Reuters) – British retail sales unexpectedly rose in February, figures from the Office for National Statistics showed…
UK inflation unexpectedly falls to 2.8% in boost for Reeves
UK inflation eased by more than expected last month, new official figures show, delivering a boost to Chancellor…