Now playing Next United Kingdom UK economy to record best year since 1941, Bank of England says The Bank of England said that its revised forecast — it previously estimated that the UK economy would grow by 5 per cent this year — was down to the country's fast vaccine rollout which should enable the economy to reopen quicker than initially thought. 06/05/2021
Now playing Next United Kingdom Brexit: Quarter of small UK firms have temporarily suspended EU sales Increased paperwork and border checks have put small UK businesses under strain and left them wondering if exporting to the bloc is worth the hassle, a new survey shows. 29/03/2021
Now playing Next Travel News Will Harry and Meghan’s revelations reduce visitor numbers to Britain? We spoke to travel experts to find out if tourists could be less inclined to visit the UK following the couple’s comments. 10/03/2021
Now playing Next United Kingdom What has Rishi Sunak announced during the UK's 2021 Budget? The British government on Wednesday announced new measures to provide a lifeline to workers and businesses hit by the COVID-19 pandemic. 03/03/2021
Now playing Next United Kingdom Coronavirus sends UK debt over £2 trillion for the first time The coronavirus pandemic's had an unprecedented impact on borrowing. 21/08/2020
Now playing Next United Kingdom COVID-19: 649,000 fewer people employed in UK since lockdown began Official figures from the Office of National Statistics (ONS) show record-breaking economic inactivity in the UK with 649,000 fewer workers on payrolls. 16/07/2020
Now playing Next United Kingdom Sunak slashes VAT on tourism and hospitality from 20% to 5% til Jan The UK Chancellor announced a new round of fiscal measures to improve the outlook for the British economy post-pandemic. 08/07/2020
Now playing Next United Kingdom What we can expect from UK Chancellor Rishi Sunak's summer statement The UK's Chancellor is set to announce another round of measures to ease the economic impact of the COVID-19 pandemic. 08/07/2020
Now playing Next United Kingdom Coronavirus: UK economy suffers record 20.4% contraction This drop is almost ten times larger "than the steepest pre-COVID-19 fall". Wholesale, retail and motor trades were the worst-affected sectors. 12/06/2020
Now playing Next View The levy to fight financial crime in the UK could prove a breaking point for regulated firms ǀ View Why it should be the businesses in the regulated sector rather than the state that should have to fund the fight against financial crime? These businesses are the gatekeepers to a financial and economic system that is open to abuse by money launderers and terrorist financiers. 18/03/2020
Now playing Next United Kingdom British government spent at least €5 billion preparing for Brexit UK government departments prepared for #Brexit planning for both a 'deal' and 'no deal' scenario, following the 2016 referendum. Here's the bill. 07/03/2020
Now playing Next United Kingdom Andrew Bailey appointed first post-Brexit governor of Bank of England The incoming Bank of England chief will come in just as the UK is departing the European Union. 20/12/2019
Now playing Next View Brexit: What European businesses should prepare for now ǀ View While Brexit will inevitably affect different areas of any European or global business, if companies can be adaptable, they stand in better stead to weather the storm. While it may be costly now, being prepared for any outcome is the best current approach to an uncertain political climate. 27/11/2019
Now playing Next View Longer lives mean seasoned employees will need help to adjust to digital workplaces ǀ View Once considered a hindrance to the ageing population, technology has the potential to bridge the gap between the seasoned worker and the savvy millennial with a start-up attitude. 15/10/2019
Now playing Next Business UK economy returns growth in July Britain's gross domestic product increased more than expected in July dampening fears it will succumb to its first recession since the financial crisis as the Brexit crisis escalates 09/09/2019
Now playing Next United Kingdom 'Operation Yellowhammer': Leaked memo warns of no-deal Brexit chaos The document about preparations codenamed Operation Yellowhammer warns of a possible three month “meltdown” at Britain’s ports. 18/08/2019
Now playing Next Business Brits spent €4bn stockpiling goods in case of a no-deal Brexit Brits spent €4bn stockpiling goods in case of a no-deal Brexit. A survey released this Monday reveals that 800,000 people have already spend more than €1,000 preparing for potential food shortages. 12/08/2019
Now playing Next United Kingdom No-deal Brexit impact would ‘ripple on for years’, reports warn Separate reports from the UK’s CBI and the Institute for Government contain detailed advice for Boris Johnson’s new administration. 29/07/2019
Now playing Next View Apprenticeships can help businesses in hard times - and even survive a no-deal Brexit ǀ View Could apprenticeships help businesses to navigate the turbulent waters ahead? As we can assess from the ONS data, many companies already see the value in hiring apprentices. 26/07/2019
Now playing Next Business How will Boris Johnson 'energise' the economy? "The campaign is over and the work begins," - declared Boris Johnson, promising to energise the country. How will he 'energise' the economy, which has fallen from the top to the bottom of the league of G7 leading economies since the Brexit vote? 24/07/2019
