BREAKING NEWS

British economy

Business

British jobless rate falls to 11-year low

Britain's jobless rate unexpectedly fell to an 11-year low between July and September, but there were also signs of a possible labour market slowdown.

Britain's jobless rate unexpectedly fell to an 11-year low between July and September, but there were also signs of a possible labour market slowdown.

Business

Bank of England drops planned UK interest rate cut

The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017.

The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017.

Business

Moody's warns of credit rating risks over Brexit terms

Ratings agency Moody's has said Britain's credit rating risks being downgraded depending on the trade deal it negotiates with the European Union.

Ratings agency Moody's has said Britain's credit rating risks being downgraded depending on the trade deal it negotiates with the European Union.

Business

Bank of England governor Mark Carney to stay until June 2019

Bank of England Governor Mark Carney is to stay in that job until the end of June 2019 to help smooth Britain's departure from the European Union.

Bank of England Governor Mark Carney is to stay in that job until the end of June 2019 to help smooth Britain's departure from the European Union.

Business

UK job growth slows but no Brexit shock yet

Job creation in Britain slowed in the three months up to August but it seems the Brexit vote has not yet undermined the labour market.

Job creation in Britain slowed in the three months up to August but it seems the Brexit vote has not yet undermined the labour market.

Business

Inflation means inflation with post-Brexit price rises

Inflation in Britain jumped in September, and it was mostly more expensive clothes and costlier fuel which pushed it up, rather than the weaker pound.

Inflation in Britain jumped in September, and it was mostly more expensive clothes and costlier fuel which pushed it up, rather than the weaker pound.

Business

How will Brexit impact the UK’s thriving creative industries?

The UK’s creative industries represent around 9% of the country’s GDP, according to John McVay head of the UK Producers Alliance for Cinema and

The UK’s creative industries represent around 9% of the country’s GDP, according to John McVay head of the UK Producers Alliance for Cinema and

Business

UK consumers says 'Brexit vote - so what?'

A new survey finds British consumers were at their most confident in five years in September, though not in London which mostly voted against Brexit.

A new survey finds British consumers were at their most confident in five years in September, though not in London which mostly voted against Brexit.

Business

Weak pound prompts price punch-up between Tesco and Unilever

Top UK retailer Tesco has settled a fight with consumer goods producer Unilever over price rises prompted by the weak pound following the Brexit vote.

Top UK retailer Tesco has settled a fight with consumer goods producer Unilever over price rises prompted by the weak pound following the Brexit vote.

News

Price row prompts shortage of Marmite, the UK's stalwart food

The UK's largest supermarket chain Tesco and one its major suppliers, Unilever, have settled a price war on more than a dozen products.

The UK's largest supermarket chain Tesco and one its major suppliers, Unilever, have settled a price war on more than a dozen products.

Business

Financial sector job loss warning over Brexit

Top international bankers warn they could start moving staff out of Britain by next year if there's no clarity on UK access to the EU single market.

Top international bankers warn they could start moving staff out of Britain by next year if there's no clarity on UK access to the EU single market.

Business

Pound's Brexit vote battering continues

Experts see no end to sterling's fall in value against other currencies due to worries over the effects of the UK's vote to leave the European Union.

Experts see no end to sterling's fall in value against other currencies due to worries over the effects of the UK's vote to leave the European Union.

Business

Brexit vote fears hit UK business sentiment

The latest UK business surveys seem to show the economy losing steam with company bosses lacking confidence about investment and hiring workers.

The latest UK business surveys seem to show the economy losing steam with company bosses lacking confidence about investment and hiring workers.

Business

UK allows more gas fracking

The British government has issued its second-ever fracking permit to shale gas company Cuadrilla for a site in Lancashire in northwest England.

The British government has issued its second-ever fracking permit to shale gas company Cuadrilla for a site in Lancashire in northwest England.