British businesses are worried that greater protections for employees planned by the newly elected Labour government will make it more risky to hire new staff, the
September 14, 2024
British retail sales edged up in July, boosted in part by extra spending due to the men's Euros soccer championship, official figures showed on Friday, after an
August 16, 2024Britain needs to spend an extra 50 billion pounds ($64 billion) a year on public investment to boost productivity and long-run growth, largely funded by public
August 06, 2024
The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and
July 31, 2024
British retailers suffered another bad month in July and expect further weakness in August as poor weather and generally weak trading conditions continued to
July 29, 2024
The Bank of England's first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than usual as key policymakers have not spoken
July 26, 2024
British business activity picked up this month after a lull in the run-up to a July 4 election, bolstered by the fastest manufacturing growth in two years and the
July 24, 2024
British employers offered average annual pay settlements of 4.9% in the three months to June, unchanged from the previous month, industry data showed, highlighting
July 23, 2024
British consumers and businesses used cash in just 12% of transactions last year, a record low, although there was a rise in the small percentage of people who use
July 23, 2024
A jump in British household saving since the COVID-19 pandemic appears here to stay and cannot be fully explained by higher interest rates or unemployment fears,
July 22, 2024
The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as it sells down its government bond holdings, and that it
July 22, 2024
Record immigration caused the population of England and Wales to rise by 610,000 to 60.9 million in mid-2023, the largest annual increase in 75 years, official
July 15, 2024
Britain's economy pulled out of recession at a faster pace than previously thought in the first three months of this year, revised official data showed on Friday,
June 28, 2024
British businesses are expanding at the slowest pace since the economy was in recession last year, as some companies put big decisions on hold until after the
June 21, 2024
Britain's central bank looks on course to hold interest rates at a 16-year high of 5.25% on Thursday as underlying inflation pressures prove persistent, depriving
July 02, 2024
Three British opinion polls released late on Saturday presented a grim picture for Prime Minister Rishi Sunak's Conservative Party, and one pollster warned that
July 02, 2024
Kate, Britain's Princess of Wales, waved to crowds and smiled broadly from the balcony of Buckingham Palace after watching a military parade on Saturday, making
June 15, 2024
Britain's construction sector recorded its biggest rise in activity in two years last month, including the first rise in house-building since just after former
June 23, 2024
Growth among Britain's services businesses eased in May from April's 11-month high and inflation pressures dropped to their lowest in three years, a survey showed
June 21, 2024
Wet weather and ongoing cost-of-living pressures kept a cloud over British consumers in May, with one survey showing the weakest spending growth in more than three
June 20, 2024
British property surveyors expect an increase in property sales later this year, despite an ongoing drag from high borrowing costs, as the number of homes being
May 22, 2024
When the Bank of England's chief economist was asked to explain why its forecasting models had failed to anticipate runaway inflation, he sought to manage
May 07, 2024
Britain's next government will find it near-impossible to stop tax levels approaching an all-time high, despite an election campaign in which both major parties
June 28, 2024
Rising unhappiness among younger people has caused the United States and some large western European countries to fall down a global wellbeing index, while Nordic
July 02, 2024
British Prime Minister Rishi Sunak said on Friday the government would look to tighten rules for long-term sick leave in a bid to reverse a rise in the number of
May 04, 2024
Banned Books Week starts with mixed messages as reports show challenges both up and down
BNP Paribas signs deal to buy HSBC private banking unit in Germany
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Alaska Airlines reports IT outage, disruption in Seattle