BREAKING NEWS

British economy

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.

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.