Home
> UK Economy
UK Economy
UK construction sector grows at fastest pace since March despite mounting inflation costs
Markit PMI shows average cost burdens rose sharply, with the rate of inflation the steepest since April 2011.
FX Focus: Pound surges to multi-week highs against euro and dollar on soft Brexit boost
Pound climbs above €1.19 after Brexit Secretary David Davis says Britain could pay to retain access to single market.
British manufacturing sector remains solid despite impact of weak pound
Markit manufacturing PMI falls from 54.3 in October to 53.4 in November, as purchase prices surge at one of fastest rates on record.
Carney says UK remains the 'investment banker for Europe', but wants clarity over Brexit
Bank of England governor says British businesses need clarity as soon as possible over Brexit outcome.
Consumer confidence tumbles as Brexit uncertainty continues to rise
GfK Consumer Confidence Index falls from -3 to -8, registering declines in every sub-category in November.
British Airways considers outsourcing more than 1,000 UK-based call centre jobs
Trade union Unite has described the move as 'a slap in the face' for BA's call centre employees.
Philip Hammond's boring but effective Chancellorship is what Britain needs right now
The new Chancellor's delivery might be dull, but his composure and pragmatism is needed.
Autumn Statement: Government cannot be trusted to support business and economy while championing Brexit
This massive fiscal constraint would have not been needed if it were not for Brexit.
Slower domestic demand pulls down UK car production by 1% but exports increase
Cars built for exports in October rose 1.7% on-year, marking a 15th consecutive month of increase.
Autumn Statement as it happened: Key points from Philip Hammond's first fiscal plan
The chancellor abandons plans to run budget surplus by 2020 and says Britain's economy will grow 2.1% this year.
UK public sector finances remain weak despite beating expectations in October
Government unlikely to meet OBR's target for public borrowing in financial year to the end of March.
UK household wealth declines by $1.5tn amid Brexit says Credit Suisse
The number of people in the UK who have $1m or more has reduced by around 15%.
IBM to add four new cloud data centres infused with cognitive intelligence in the UK
The move will help IBM keep up with growing client demand.
Women are dying because of domestic refuge cuts - that's why Sisters Uncut are blocking bridges
Ahead of the Autumn Statement, we demand a secure funding plan for domestic violence services.
Autumn Statement checklist: Hammond's ever-decreasing circles
Brexit and bond sell-offs since the US presidential election have limited the Chancellor's options.
Theresa May says Britain will seek transitional deal to soften Brexit impact
Prime Minister hints plans to place workers on companies boards could be watered down.
Facebook plans to hire 500 more employees in UK
Social media giant will recruit engineers, marketers, project managers and sales staff at its new London office.
Deloitte proud of 'UK heritage' and will continue to invest in the country, says global chairman
The accountancy firm had previously warned it could shift its work outside the UK if the government restricts immigration.
GKN to close its helicopter components facility at Somerset in 2017
The move will lead to about 220 job losses.
Barratt Developments buoyed by solid housing demand but wary of Brexit uncertainty
Housebuilder watchful of political uncertainty surrounding Brexit and London high-end market remains challenging.
UK household squeeze yet to materialise as inflation falls short of October forecast
Decline in costs of clothing and university tuition fees kept inflation below 1% says ONS.
Office construction volume in central London touches 8-year high but momentum slows, Deloitte says
Office construction increased by 4% over the past six months to 14.8 million sq ft.
Public borrowing could surpass £100bn over next five years says PwC
This follows the IFS predicting that the UK could face a £25bn hole in public finances by 2020.
Theresa May: UK will be 'unashamedly pro-business' after Brexit
PM will also say that the UK must be the strongest supporter for free trade.
UK consumer spending sees strongest rate of increase in 6 months, Visa says
The hotels, restaurants and bars sector saw the strongest growth among the 8 monitored broad sectors.
UK construction sector posts weakest figures in four years amid post-Brexit slowdown
ONS figures show third quarter falls 1.1% from previous three months, despite resilient display in September.
UK could face £25bn hole in public finances by 2020, IFS says
This is said to limit UK Chancellor Philip Hammond's options in the upcoming autumn statement.
Developing SMRs could create 40,000 highly skilled jobs and boost exports, Rolls-Royce says
The Rolls-Royce consortium said the full development of SMR technology would require £1.2bn.
Birds Eye and Walkers seek to increase prices following decline in the pound
While Birds Eye is seeking to increase prices by up to 12%, Walkers said it will hike prices by 5% to 10%.
Theresa May could face visa liberalisation demand from India during her visit on Sunday
This will be May's first bilateral visit outside the European Union as head of state.