UK productivity drops at fastest pace for five years
Britain’s productivity has fallen at the fastest annual pace in five years in a sign that Brexit uncertainty is compounding an already weak spot...
Houses are cheaper, but still not enough buyers
The UK housing market value is determined by the number of residential property transactions. This is deduced by the number of property prices and...
Latest US and Chinese tariff hikes take effect in trade war
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...
Wall Street takes a beating as fears of recession increase
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 declines for first time since 2012
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...
Britain’s economic growth set to stagnate in second quarter
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...
US Treasury Department labels China a currency manipulator
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 to cut 4,500 jobs from UK stores
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 announces ‘small additional’ 10% tariff on Chinese goods
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...
Bank of England Governor steps up no-deal Brexit warnings
Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...
