UK Economy

Treasury will act if it deems necessary to do so, says chancellor as UK services PMI plunges to seven-year low

The UK Flash Services PMI activity Index fell to 47.4 in July from 52.3 in June.

Britain's economy likely to contract 0.4% in the third quarter, survey says.

Number of unemployed people in the UK falls by 54,000 to 1.65m between March and May.

About 73% of the CFOs are less optimistic about financial prospects.

Report suggests local authorities and housing associations should be given more freedom to build homes.

UK economy has three main problems: dominance of finance over industry, low productivity and low pay.

UK central bank policymakers vote 8-1 to maintain the headline interest rate at current levels.

Some 800,000 to one million services jobs might get automated in the next 20 years.

Siemens says it will continue to invest in the UK, despite the Brexit vote.

The findings are based on an Ipsos MORI survey of 500 business organisations.

Report says growth comes as the full impact of the UK's Brexit vote is yet to be felt.

Markit survey shows UK construction PMI falls below neutral 50 threshold for first time in three years.

Osborne admits he will miss the government's 2020 budget surplus target as a result of an expected economic downturn.

IBTimes UK financial expert Edmund Shing recommends firms to put your cash into post-Brexit.

US president says he has 'genuine longer term concerns' over growth following UK's decision to leave EU.

GfK Consumer Confidence Index remains unchanged at -1 in June.

Business secretary to chair meeting of business leaders after EU referendum result.

Majority of business leaders think Brexit vote is bad for them according to industry lobby group

Billionaire predicts significant financial pain for UK over the near future.

The IMF had warned last week that a Brexit would fuel inflation and lead the UK economy into recession.

IBTimes UK reporter Harriet Sinclair outlines 10 reasons to remain in the EU.

Matthew Elliott, chief executive of Vote Leave, says IMF has chosen to ignore the positive benefits of Brexit.

Little or no immigration to the UK would mean huge increases in national debt over the coming decades.

UK's central bank says outcome of EU referendum is the "largest immediate risk" facing global markets.

Pubs and bars could see sales soar during the tournament – but can productivity suffer if fans take time off?

Sir Charlie Mayfield says UK economy will be better off staying inside the European Union.

IBTimes UK asks members of the Leave and Remain campaigns how a Brexit could affect the UK economy.

There are currently 2.2 million people from the EU working in the UK.

UK industrial production grows at fastest pace in almost four years but sector yet to fully recover.