LONDON Expectations for inflation in Britain in the next 12 months stabilised this month after rising sharply in July, according to a Citi/YouGov survey on Thursday.
LONDON British car production rose in July but at a slower pace than in June, according to an industry group which urged the government to make sure the country's exit from the European Union does not hamper the sector.
LONDON The number of mortgages approved by British banks fell to its lowest in a year in the month following Britain's vote to leave the European Union, but robust credit growth added to signs that the decision has had little impact on consumers so far.
EDINBURGH Leaving the European Union will sap Scotland's economy by between 1.7 and 11.2 billion pounds ($14.76 billion) by 2030, depending on which new trade relationship Britain chooses, the Scottish government said on Tuesday.
LONDON Orders for British manufacturing exports hit a two-year peak in August following a Brexit-induced fall in sterling, as the weaker pound also pushed up price expectations to their highest in over a year, a survey showed on Tuesday.
LONDON British grocery sales rose 0.3 percent year on year in the 12 weeks to Aug. 14, with the march of the German discounters continuing unabated while market leader Tesco notched its slowest rate of decline in six months.
LONDON - Britain's public finances showed a smaller-than-expected budget surplus in July despite strong corporation tax receipts, according to the first official budget figures since the country's Brexit vote.
LONDON Britons turned less pessimistic about the economy in August than in July, an opinion poll showed, a latest sign that the short-term impact on consumers from the decision to quit the European Union may have been milder than expected.
LONDON - Shoppers in Britain shrugged off June's shock Brexit vote as retail sales jumped by much more than expected last month, official data showed on Thursday, | Video
Chancellor George Osborne looks to the Bank of England for more help. Full analysis from the NAB trading floor with currency strategist Nick Parsons and head of market economics Tom Vosa. Video
We’re now in a world where the wonkiest columnist in the driest newspaper in Britain is stating his case far more simply and clearly than a populist PR man turned PM. Commentary
When words and actions don’t match up, the problem is usually overly ambitious promises. In the debate on economic policy in the UK, the failure is in the present – the government’s description of fiscal and monetary policy flies in the face of reality. Commentary
Does devaluation still work? In the era after the financial crisis of 2007-08, there is mounting evidence that devaluation may not be able to help kick-start a stalled economy as readily as it may once have done. Commentary
To tackle debt Osborne needs to protect tax revenue. To maximise revenue, and appease recession-restless voters, he needs to promote economic growth. He could do all three by stamping on the UK’s property transaction tax and closing a crucial loophole. Commentary
You may say that our dreadful growth is the result of a lack of fiscal strategy, but this would be wrong. The trouble is that the economic strategy Osborne has adopted takes a long time to bear fruit and is fairly anti-growth, at least for the first few years. Commentary