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Economy

Bank of England says solid economic growth is linked to 'smooth' Brexit

UK central bank cuts 2017 growth forecast only slightly, warns wages not keeping up with higher inflation means difficulty for British households.

Economy

New car sales slump in Britain in April

The UK saw the biggest year-on-year drop in new car registrations for over six years in April linked to government anti-pollution moves.

Business Line

UK: pre-election and pre-Brexit economic growth

Business Line this week looks at the economic background to Britain's parliamentary election and the plans to leave the European Union.

Economy

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.

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Economy

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.

Economy

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

India

Hammond sweet-talks Delhi with prospect of trade deals as EU looks on warily

Britain's finance minister is in India trying to drum up some post-Brexit trade support as two nations agree to set up joint investment fund.

Economy

British economy grows as consumers splash the cash

British economy grows thanks to shoppers

Economy

Lloyd's of Brussels insurer safeguards EU business

Lloyd's of London opens office in Brussels

Economy

Brexit fuels price hikes with more down the line

Spending spooked as Brexit worries Brits

Economy

London to defend financial preeminence post-Brexit

London wary of want away business post- Brexit

Economy

Bank of England to 'stress test' banks as Article 50 day looms

Bank of England calls for Article 50 stress tests

Economy

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.

Business Series

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.

Economy

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.

Economy

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.

Economy

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.

Economy

British economy finishes 2016 strongly but Brexit effects loom

Britain's economy sped up at the end of 2016 but there were signs the Brexit vote will increasingly act as a brake on growth this year.

Economy

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.

Economy

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.