UK Economy

UK oil firms do not see Brent crude recovering to a sustained level of $75-80 per barrel until 2020.

Research by eBay shows 66% of small businesses in UK plan to expand.

German chancellor praises Britain as a force for positive change inside 28-member state bloc.

This redundancy move will help achieve annual savings of €450m by 2019.

Uncertainty regarding EU referendum and fears of global economic turmoil continue to threaten British economy.

The move is line with Ofgem's commitment to the HM Treasury.

Second estimate of UK GDP confirms growth hits a three-year low, as economy slows in the first quarter of 2016.

Optimism about general business environment declines slightly in the three months to May but employment remains resilient.

Supporters of Brexit want to see Britain engage more fully with both Europe and the world.

ONS figures reveal UK public sector borrowing falls £15.7bn to £76bn in the financial year to the end of March.

Chancellor asks blunt question as Treasury analysis claims GDP will fall 3.6% after two years if Britain leaves EU.

This is to encourage the more than 1.2 million British expats to fly back home to vote at the polls.

Unemployment falls by 2,000 to 1.69m in April, leaving the unemployment rate unchanged at 5.1%

UK inflation slowed from March's 0.5% growth, falling short of expectations.

These jobs will be outsourced to Poland, China and India.

However, hospitality industry manages to buck trend as it witnesses an rise in job listings.

The Church is being criticised for its investment in Google, which has been accused of avoiding taxes.

CBI expects Britain's economy to grow at a slower pace due to uncertainty over the EU referendum.

Rock star French economist made remarks at announcement his book 'Capital' will be turned into a film.

IMF warns the UK Brexit could lead to prolonged uncertainty and sizeable losses in income.

Liberty House, Excalibur, Greybull Capital, JSW Steel, Nucor, Hebei Iron & Steel are the other six bidders.

UK industrial output declines 0.2% year-on-year in March and expands only 0.3% on a monthly basis.

More than 80% of UK CFOs are worried by uncertainty as hiring expectations fall.

The UK trade deficit narrows more than expected in March, but reaches an eight-year high in the first quarter.

The takeaway firm, owned by Yum! Brands, will open 200 new stores over the next 4 years.

The announcement coincided with the start of Prince Harry's 2016 Invictus Games in Florida, US.

Excalibur is led by Stuart Wilkie, the boss of Tata's strip steel operations in UK.

UK services PMI falls for third time in 2016 as sector expands at slowest pace since February 2013.

British firms and the government must join forces to revitalise the UK's industrial strategy, according to the CBI.

China slowdown, EU referendum and rising labour costs dent confidence.