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.
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.
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.
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.
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.
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.
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.
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.
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.
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