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Saturday, January 25, 2020

ECONOMY

ECONOMY

The UK housing market value is determined by the number of residential property transactions. This is deduced by the number of property prices and...
China U.S., trade war causing price increases

The United States and China have gone ahead with their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some...

The threat of a recession sparked a painful day in US financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday...
UK economy slowed growth projected, according to Office of National Statistics

The UK’s economy shrank for the first time since 2012 in the second quarter of this year, as the manufacturing and construction sectors both...
British economic growth forecast downgrade.

Britain's economic growth is expected to have stagnated in the second quarter, as the manufacturing sector boost wears off while construction declines. Economists believe that...
Chinese Yuan devalued during the tariff imposed by the US

The US Treasury Department has labelled China a currency manipulator after Beijing pushed down the value of its yuan in a dramatic escalation of...
Tesco cuts over 4000 jobs.

Around 4,500 staff at Tesco are set to lose their jobs in the latest round of redundancies at the British supermarket chain, the company...
Donald Trump adds 10% more tariffs on china.

Donald Trump has announced a 10% tariff on $300bn worth goods going into the US from China, starting from September 1. Early today it was...
Mark Carney, Bank of England

Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...
Federal Reserve Chairman Jerome Powell; interest rates cut for the first time in a decade.

The US Federal Reserve has cut its key interest rate for the first time in a decade. The cut aims to counter threats ranging from...