United Kingdom

Andy Bruce

UK manufacturing sags as Brexit stockpile frenzy evaporates - PMI

03 Jun 2019

LONDON, June 3 The Brexit stockpiling boom of early 2019 gave way in May to the steepest downturn in British manufacturing in almost three years as new orders dried up, boding poorly for economic growth in the second quarter, a survey showed on Monday.

UK services firms toil in May, investment weak - CBI survey

29 May 2019

LONDON The services companies that make up the bulk of Britain's economy struggled in the three months to May and remain loathe to invest because of uncertainty around Brexit, a business survey showed on Wednesday.

UK shoppers pause in April after surge in spending

24 May 2019

LONDON British shoppers paused in April after three months of strong buying, according to official data that showed continued underlying strength in consumer spending even as the Brexit political crisis unfolded.

UK inflation rises in April by less than Bank of England expected

22 May 2019

LONDON British inflation rose last month by less than the Bank of England and investors had expected, but still hit its highest level this year, pushed up by a rise in energy bills. | Video

Brexit stockpiling boom ends for UK factories - CBI

21 May 2019

LONDON British factories suffered the biggest fall in orders this month since late 2016, gearing down from their rush to stockpile before the original Brexit deadline in March and boding badly for the economy in the second quarter, a survey showed.

Pre-Brexit rush by factories boosts UK economy in early 2019

11 May 2019

LONDON Britain's economy got a sharp one-off boost in the first three months of 2019, official figures showed on Friday, as manufacturers rushed to deliver orders before a Brexit that never came. | Video

Bank of England's Carney tells investors they are too relaxed on rates

02 May 2019

LONDON Bank of England Governor Mark Carney said on Thursday investors were underestimating how much interest rates could rise, even as the British central bank kept borrowing costs on hold due to Brexit uncertainty. | Video

Exports sag, UK factories report lower Brexit stockpile boost - PMI survey

01 May 2019

LONDON British factories lost some of the boost from pre-Brexit stockpiling last month while households slowed their borrowing ahead of the original deadline for the country's departure from the European Union, data showed on Wednesday. | Video

UK company insolvencies rise in first quarter - Insolvency Service

30 Apr 2019

LONDON The number of companies falling into financial distress in England and Wales rose in early 2019, adding to signs that businesses struggled in the run-up to the original March Brexit deadline, official data showed on Tuesday.

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