Edition:
United Kingdom

Andy Bruce

UK economy slows in three months to October, Brexit uncertainty looms

10 Dec 2018

LONDON Britain's economy lost speed in the three months to October, reflecting lower car sales and factory stoppages due to weaker demand that business groups blamed on uncertainty about Brexit.

Brexit betrayal would hurt UK more than leaving - Hammond

05 Dec 2018

LONDON A Brexit outcome that left a large segment of the British people feeling betrayed would damage the country more than the small economic cost of Prime Minister Theresa May's preferred Brexit plan, Chancellor Philip Hammond said on Wednesday.

Brexit betrayal would hurt UK more than leaving: Hammond

05 Dec 2018

LONDON Any Brexit outcome that left a large chunk of the British people feeling betrayed would damage the country more than the modest economic cost of pursuing Prime Minister Theresa May's preferred Brexit plan, finance minister Philip Hammond said on Wednesday.

Shock slide in UK services PMI points to stalling economy

05 Dec 2018

LONDON Uncertainty about the terms of Brexit next March clobbered British services firms last month, leaving the economy at risk of contracting, a survey showed on Wednesday. | Video

Batten down the hatches: British bond investors brace for Brexit

04 Dec 2018

LONDON On top of the risk that Britain will leave the European Union in March without a transition deal, its government faces an extra headache next year: the biggest debt-refinancing bill in recent history.

Another UK minister quits in protest at May's Brexit deal

30 Nov 2018

LONDON British science and universities minister, Sam Gyimah, quit Prime Minister Theresa May's government on Friday, the sixth minister to resign in protest of her proposed Brexit deal with the European Union.

Net migration of EU citizens to UK hits six-year low

29 Nov 2018

LONDON Net migration of European Union citizens to Britain fell to its lowest level in nearly six years during the year to June, extending a decline seen since Britain voted to leave the European Union in 2016, official data showed on Thursday.

UK consumer confidence slides to 11-month low ahead of Brexit

29 Nov 2018

LONDON British consumers' confidence fell to its lowest level in almost a year as their view of the economic outlook for the next 12 months sank to its weakest since shortly after 2016's Brexit vote, a survey showed on Thursday.

Factbox: The cost of Brexit - Britain sets out the scenarios

28 Nov 2018

LONDON Britain's government and the Bank of England warned on Wednesday that a no-deal Brexit would hammer the economy, while Prime Minister Theresa May's plan for leaving the European Union, opposed by many lawmakers, could soften the blow.

Factbox - The cost of Brexit: Britain sets out the scenarios

28 Nov 2018

LONDON Britain's government intensified its warnings on Wednesday about a no-deal Brexit, saying it would damage the economy while Prime Minister Theresa May's plan for leaving the European Union, opposed by many lawmakers, would soften the blow.

World News

BA to resume Pakistan flights decade after hotel bombing

British Airways will resume flights to Pakistan next year after a 10-year absence following an Islamist militant truck bomb that killed more than 50 people at the Marriott Hotel in Islamabad, the carrier and a British official said on Tuesday.