English economy

Economy

Rising costs see UK hospitality industry running out of money

The hospitality industry is appealing to Chancellor Jeremy Hunt to do something to help businesses stay afloat.

20/02/2024

Economy

UK minimum wage set to increase to £11.44 per hour

Chancellor Jeremy Hunt has announced that the UK's hourly minimum wage is set to increase to £11.44 per hour, jumping almost 10% from April, marking a significant increase.

22/11/2023

Economy

UK economy sees flat growth as inflation drags

The UK's GDP inched up by 0.2% in September 2023, driven by services growth, while consumer-facing sectors sank.

10/11/2023

Economy

Bank of England pauses interest hikes, as several European countries climb

Following a surprise decrease in inflation in August, the Bank of England has announced its decision to pause interest rates, in contrast to many of the UK’s neighbours.

21/09/2023

United Kingdom

UK economy saw record rebound before new COVID-19 restrictions

The British economy grew by 15.5 per cent over the summer but monthly data suggest trouble lurks ahead once more

12/11/2020

Business

"Operation Yellowhammer" Explained

What happens if there is no Brexit deal? A few pages of the UK's government assessment, "Operation Yellowhammer" offers a rare glimpse at what a no-deal Brexit looks like.

12/09/2019

Business

UK at risk of 'full-blown' recession

Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country's budget deficit next year.

18/07/2019

Economy

UK retailer celebrate Christmas, but worry about 2017

British retailers mostly report strong sales over the crucial end-of-year holiday period but are not sure if this heralds a recovery.

12/01/2017

Economy

Cameron says "no guarantees of success" in steel crisis

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.

31/03/2016

United Kingdom

Britain's new £1 coin is 'most secure in the world'

19/03/2014