British retailers mostly report strong sales over the crucial end-of-year holiday period but are not sure if this heralds a recovery.
The British government is doing everything it can to solve the crisis posed by Tata Steel's plans to leave the UK, but nationalisation is not the right answer, says the Prime Minister.
Britain’s jobless total is at its lowest level for nearly seven years. The number of people in work is up 248,000 to 31.049 million – the biggest
The UK inflation rate is running at record lows after the Office for National Statistics announced a zero percent inflation rate for the second month
Luxury fashion brand Burberry is blaming adverse changes in foreign exchange rates for a big part of its reduced earnings. Currency movements
Inflation in Britain was lower than expected in July, making it less likely that interest rates will be put up by the Bank of England this year
Britain’s economy enjoyed solid growth in the first three months of the year. Annual GDP expansion was the strongest in more than six years at 3.1
This is the new £1 coin set to be introduced in the UK and billed as the ‘most secure in the world’. It has been brought in amid concerns the
Britain’s economy last year recorded its fastest annual growth since 2007 – before the financial crisis. GDP increased by 1.9 percent – way better
Britain’s economy dodged a return to recession and grew faster than expected in the first three months of this year. That provides some political
Margaret Thatcher’s supporters say much of what she did in the 1980s has relevance for today’s moribund European economy. They point out she turned
British finance minister George Osborne has admitted that economic growth there this year will be half the 1.2 percent that was forecast just three
Britain’s economy sank far deeper into recession than expected in the second quarter of the year. GDP fell 0.7 percent compared with the first
Inflation in Britain edged down in February to the lowest level in over a year. It was at an annual rate of 3.4 percent from January’s 3.6 percent
China’s sovereign wealth fund has bought a minority stake in London water supplier Thames Water. China Investment Corporation said it had bought
Britain is teaming up with Hong Kong to secure London a top spot as an offshore trading centre for the Chinese currency the yuan. The move is part