Edition:
United Kingdom

Andy Bruce

UK economy shows unexpected strength in July, dampening recession fears

09 Sep 2019

LONDON Britain's economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit crisis escalates. | Video

Former PM Major calls on Johnson to fire top advisor Cummings

05 Sep 2019

LONDON British Prime Minister Boris Johnson should fire Dominic Cummings, the advisor behind his high-stakes Brexit strategy that resulted in an dramatic purge of his own lawmakers this week, former prime minister John Major said on Thursday.

UK manufacturing locked in pre-Brexit nosedive - trade body

05 Sep 2019

LONDON British manufacturing is locked in a nosedive as orders and investment dry up due to the global slowdown and the Brexit crisis, a survey from trade body Make UK showed on Thursday, adding to signs of a worsening economic outlook.

UK's Javid ramps up spending as election talk mounts

04 Sep 2019

LONDON British finance minister Sajid Javid said he was "turning the page on austerity" as he promised the biggest spending increases in 15 years, a move widely seen as part of Prime Minister Boris Johnson's push for an election to break the Brexit impasse.

Brexit-worn Britain looks on track for recession - PMI

04 Sep 2019

LONDON Britain's economy is in serious danger of entering its first recession since the financial crisis as business confidence wilts in the Brexit chaos, a closely watched business survey showed on Wednesday.

Brexit-worn Britain looks on track for recession -PMI

04 Sep 2019

LONDON, Sept 4 Britain's economy is in serious danger of entering its first recession since the financial crisis as business confidence wilts in the Brexit crisis, a closely watched business survey showed on Wednesday.

Brexit crisis pushes UK borrowing costs to record lows

03 Sep 2019

LONDON British government borrowing costs plunged to record lows on Tuesday as the Brexit crisis prompted investors to seek the safety of gilts which outperformed both European and U.S. debt markets.

UK factory activity dives at fastest rate since 2012: PMI

02 Sep 2019

LONDON British manufacturing contracted last month at the fastest rate in seven years, rocked by the deepening Brexit crisis and the global downturn, boding poorly for the chances of an economic rebound in the third quarter, a survey showed on Monday. | Video

Worries mount for UK businesses and consumers as Brexit crisis builds: surveys

30 Aug 2019

LONDON Confidence drained away from British businesses and consumers in August as the Brexit crisis deepened, according to surveys that suggested the political ructions were taking an increasing toll on the economy. | Video

World News