Edition:
United Kingdom

Budget 2013

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BoE warns UK exporters pre-Brexit 'sweet spot' may not last

LONDON British exporters cannot count on enjoying the "sweet spot" which was created by the Brexit vote last year, a top Bank of England official said on Thursday, underscoring the BoE's cautious view on the outlook for the economy.

2:05pm GMT
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UK car production hit 17-year high in February

LONDON British car production hit a 17-year high in February, extending a recent trend of surging output as a strong rise in exports once again compensated for a slump in demand at home, an industry body said on Thursday.

9:01am GMT
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Most UK employers do not plan to raise pay to match rising inflation - XpertHR

LONDON Most British companies do not expect to offer more generous pay deals to employees this year compared with 2016, adding to signs that higher inflation will gnaw at Britons' living standards in the months ahead, a survey showed on Thursday.

UK, Business, Money, Money Home 9:01am GMT
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Top British bosses earn nearly 400 times more than minimum wage

LONDON The heads of Britain's top 100 listed companies earn on average almost 400 times more than a worker on the minimum wage, according to analysis that will add fuel to the fire of a debate about inequality in the country.

UK, Business, Money, Money Home 22 Mar 2017
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UK economy growing solidly despite inflation hit - BoE report

LONDON Britain's economy looks set to defy a slowdown again this year as the country moves closer to leaving the European Union, with the hit to shoppers from surging inflation partly offset by more investment and exports, a Bank of England report suggested.

22 Mar 2017
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UK households most downbeat about outlook since 2013 - Markit

LONDON British households are more downbeat about the outlook for their finances than at any time since late 2013 as rising inflation squeezes their disposable income, a survey showed on Wednesday.

Business, Money, Money Home 22 Mar 2017
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Not oil but trade - the economic case for Scottish independence

EDINBURGH While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country's future prosperity - and avoid the damage of the United Kingdom leaving the EU.

Business, UK, Market Analysis 22 Mar 2017
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Leaving EU without deal would damage UK non-financial services - committee

LONDON Failing to reach a comprehensive free trade deal with the European Union risks significant damage to Britain's trade in non-financial services, a committee of members of the upper house of parliament said in a report published on Wednesday.

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Optimism in UK factories surges to 22-year high as exports rebound - CBI survey

LONDON, March 21 Optimism among British factories surged to a 22-year high in March as exports rebounded, a survey showed on Tuesday, adding to signs manufacturing has benefited from sterling's fall after the Brexit vote.

21 Mar 2017

Opinion

Felix Salmon

Britain’s fiscal failure

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 

Edward Hadas

Policy rhetoric flies in the face of reality

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 

Peter Gumbel

A devalued pound can’t save the economy

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 

Robert Cole

Homeowner tax switch would help

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 

Kathleen Brooks

In defence of Osborne

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 

Laurence Copeland

Budget day cheer is here again

Budget Day again, and the pressure on Chancellor George Osborne is rising ominously. There is little agreement about what needs to be done, but complete agreement that something has to change because the state of Britain’s economy is simply awful.  Commentary 

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