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Thursday, February 20, 2020

ECONOMY

ECONOMY

• 7.4 % of sales in nine sectors are lost due to the presence of fakes in the market. • Clothes, toys, sports goods, jewellery,...

The Bank of England has marked seven years of record low interest rates by keeping the cost of borrowing on hold once again. All nine...

The number of shoppers visiting UK stores fell for the second month in a row in May, figures show. Footfall was 1% lower last month...

A "hard Brexit" by the UK from the European Union would pose an "existential threat" to Gibraltar's economy, the territory's chief minister has warned. Fabian...
Shell, Business, Oil, Profits

Royal Dutch Shell is to end exploration in offshore Alaska for the foreseeable future. The company said an exploratory well drilled to 6,800 feet found...
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...

British Chancellor George Osborne is planning to cut corporation tax to less than 15% as part of a plan to give Britain a post-Brexit...

G20 finance ministers gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors...
China

China could be a potential winner if the UK and European Union rework trade deals and look for investors after Brexit. Beijing faces a blow...

UK house prices have gone through volatile increases over the past 5 years. Ever since the pre-economic downturn peak of 185.5 in January...