UK economy

Bank of England sets biggest rate hike in 33 years and warns of a long recession
World

Bank of England sets biggest rate hike in 33 years and warns of a long recession

LondonCNN Business —  The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in…
UK economy finally bigger than before pandemic in November
World

UK economy finally bigger than before pandemic in November

LONDON, Jan 14 (Reuters) – Britain’s economy grew by a much stronger-than-expected 0.9% in November, finally taking it above its…
Brexit black hole starting to take shape
World

Brexit black hole starting to take shape

The U.K. will be forced to borrow an extra UK£58.7 billion (US$72.6 billion) over the next five years because of…
UK economy slows to 0.5% growth in third quarter
Business

UK economy slows to 0.5% growth in third quarter

Britain's economy experienced a slowdown in the third quarter of 2015, hit by shrinking construction and manufacturing activity, official data…
UK economy grows by 2.6% in 2014, 0.5% in Q4
World

UK economy grows by 2.6% in 2014, 0.5% in Q4

Britain's economy grew by 2.6 percent last year in the fastest annual pace since 2007, but slowed more sharply than…
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