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ECONOMY

Economists in Britain hail ‘robust’ jobs market despite stalling economy

Economists have hailed a “remarkably robust” set of UK labour figures despite the economy stalling at the end of last year. New figures from the...

UK economy stagnates in British election months

The UK economy flatlined in the last three months of the financial year in line with expectations, as the country went to the polls,...

Bank of England delivers Brexit-eve growth downgrades, but holds rates on signs of pick-up

The Bank of England has delivered a blow on the eve of Brexit by slashing its growth forecasts for the next three years, but...

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...

Construction sector declines amid political uncertainty and pre-election caution

The UK construction sector “sharply” declined last month on the back of political uncertainty and subdued demand ahead of the general election, according to...

Surging pound up 1.29% against the euro on election result

The City reacted positively as the Conservatives romped home to the biggest majority since 1987 but warned clarity was now needed on the future...

US and China near deal that would suspend planned tariffs

The Trump administration and China are expected to announce a modest trade agreement on Friday that would suspend tariffs that are due to start...

German exports to UK drop again in first seven months of 2019

Germany’s exports to the UK have dropped 4.6% in the first seven months of 2019 compared with a year earlier. The decline continues a downward...

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...

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...

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