BREAKING NEWS

British economy

Business

Retail sales slump bodes ill for UK economy

British retail sales posted their biggest quarterly fall in seven years in Q1 2017, as rising prices since the Brexit vote pressured consumers.

British retail sales posted their biggest quarterly fall in seven years in Q1 2017, as rising prices since the Brexit vote pressured consumers.

Business

UK wages growth losing out to inflation

British workers' pay growth is barely keeping up with inflation as UK households feel the squeeze from rising prices.

British workers' pay growth is barely keeping up with inflation as UK households feel the squeeze from rising prices.

Business

UK inflation holds steady in March

Inflation in Britain was unchanged last month, but was still up 2.3 percent compared to a year ago. Retail sales dipped in March

Inflation in Britain was unchanged last month, but was still up 2.3 percent compared to a year ago. Retail sales dipped in March

Business

Brexit adds to woes of crisis hit UK curry restaurants

Curry restaurant owners feel betrayed over promises about more work visas for South Asian cooks made during the campaign to leave the European Union.

Curry restaurant owners feel betrayed over promises about more work visas for South Asian cooks made during the campaign to leave the European Union.

Business

Vodafone to merge Indian business with local rival Idea

Britain's Vodafone is to join Idea Cellular to become India's biggest telecoms business with 400 million customers, overtaking market leader Bharti.

Britain's Vodafone is to join Idea Cellular to become India's biggest telecoms business with 400 million customers, overtaking market leader Bharti.

Business

Britain sets Brexit budget course

Britain's finance minister Philip Hammond spelt out the government's plans to steer the economy through its departure from the European Union.

Britain's finance minister Philip Hammond spelt out the government's plans to steer the economy through its departure from the European Union.

Business

UK shopping slowdown signals weaker growth

British Retail Consortium sees drop in non-food sales as Organisation for Economic Co-operation and Development frets about Brexit uncertainty.

British Retail Consortium sees drop in non-food sales as Organisation for Economic Co-operation and Development frets about Brexit uncertainty.

Business

UK services sector optimistic, CBI survey finds

Optimism among businesses in Britain's services sector is now higher than at any time since June's vote to leave the European Union.

Optimism among businesses in Britain's services sector is now higher than at any time since June's vote to leave the European Union.

Business

UK economy resilient at end of 2016, manufacturing jumps

Britain's economy remained resilient at the end of last year despite the UK's surprise vote in June to leave the European Union.

Britain's economy remained resilient at the end of last year despite the UK's surprise vote in June to leave the European Union.

Business

UK details industrial strategy to help post-Brexit economy

British Prime Minister Theresa May has unveiled a more interventionist industrial strategy to reinvigorate production and stimulate investment.

British Prime Minister Theresa May has unveiled a more interventionist industrial strategy to reinvigorate production and stimulate investment.

News

Brexit linked weaker pound boosts UK inflation to 1.6%

Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials.

Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials.

Business

Weak pound boosts FTSE 100 to new record high

Friday was another standout day for Britain's top share index, taking it to an all-time high after its 14th consecutive daily gain.

Friday was another standout day for Britain's top share index, taking it to an all-time high after its 14th consecutive daily gain.

News

Have economists' Brexit forecasts been too negative?

Several economists have admitted they were mistaken to predict the UK economy would immediately suffer after the vote to leave the EU.

Several economists have admitted they were mistaken to predict the UK economy would immediately suffer after the vote to leave the EU.

Business

Battle of the ads - searching for a Christmas cracker

Scrambling for end-of-year holiday shoppers big brands are rolling out more expensive and inventive ad campaigns with the focus on internet clicks.

Scrambling for end-of-year holiday shoppers big brands are rolling out more expensive and inventive ad campaigns with the focus on internet clicks.

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.