Finance
UK Economy Suffers 6% Brexit Hit, Bank of England Data Suggests
Analysis of internal Bank of England company data indicates Brexit has cost the UK economy 6% of its potential growth over the...
#uk economy 16 articles
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
World Business
Starmer Secures £1.3 Billion UK Energy, AI Investment at G7
Keir Starmer announced £1.3 billion in UK energy and AI investments at the G7 summit, aiming to project stability amid a potential...
World Business
Labour’s Brexit Pivot: Economic Reality Shifts Focus to Pro-EU Voters
Labour's Brexit strategy is undergoing a significant re-evaluation, driven by persistent economic sluggishness and a crucial shift in its electoral base. The...
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...
World Business
Labour’s Brexit Pivot: Economic Reality Drives Shift to Pro-EU Voters
Labour's stance on Brexit is undergoing a significant reorientation, driven by persistent economic challenges and a shifting electoral landscape. The party's focus...
Economy
E.On Plans Ovo Energy Takeover, Creating UK’s Largest Supplier
Rival E.On announced plans to acquire Ovo Energy, potentially forming Britain's largest energy supplier. Customers are urged not to panic as existing...
Markets
UK Businesses Increase Temp Staffing to Counter Volatility
British employers are increasingly turning to temporary workers, a recent survey shows, as they navigate economic turbulence exacerbated by geopolitical events. Permanent...
Finance
UK House Prices Strengthened Unexpectedly in April, Nationwide Reports
UK home values unexpectedly rose by 0.4% in April, Nationwide Building Society announced, defying economists' predictions for a decline. This resilience emerges...