United Kingdom

Andy Bruce

UK consumers keep calm and carry on shopping before Brexit deadline

18 Apr 2019

LONDON British shoppers ignored worries about an impending Brexit deadline and spent heavily in March, official data showed on Thursday, supporting the country's sluggish economy while companies were cutting back on investment.

London slump drags UK house price growth to more than six-year low

17 Apr 2019

LONDON British house prices rose at the weakest rate in six-and-a-half years in February, dragged down by London's biggest price slump in a decade as Brexit uncertainty sent chills through the property market.

UK wage growth at new decade high as employers hire in the face of Brexit

16 Apr 2019

LONDON British workers' pay grew at its joint fastest pace in over a decade as employers extended their hiring spree, adding to signs that uncertainty about Brexit is prompting firms to take on workers rather than commit to longer-term investments.

UK economy grows as pre-Brexit stockpiling lifts factories

10 Apr 2019

LONDON Britain's Brexit-bound economy unexpectedly grew in February, helped by manufacturers rushing to meet orders from clients who are stockpiling goods ahead of the country's break from the European Union, official data showed. | Video

Parts of UK government risk further cuts after austerity ends - Hammond

05 Apr 2019

LONDON An end to austerity in Britain does not mean all government departments will see their budgets keep pace with inflation, Conservative finance minister Philip Hammond said on Friday.

So far, so good for British bonds as Brexit storm rages

03 Apr 2019

LONDON For all the Brexit tumult, one thing that has remained strong and stable -- to borrow a phrase Prime Minister Theresa May once used to describe her leadership -- is demand for British government debt.

Stockpiling frenzy drives UK factories ahead of Brexit - PMI

01 Apr 2019

LONDON Factories in Britain stockpiled for Brexit at an explosive rate last month, unlike anything seen before in a major rich economy, pushing manufacturing growth to an unexpected 13-month high, a survey showed on Monday.

UK's payments gap widens as global slowdown, Brexit weigh

29 Mar 2019

LONDON Britain's balance of payments shortfall grew in the last few months of 2018, exacerbated by disappointing trade numbers as the world economy slowed and Brexit neared.

Bank of England to set new rules on climate risk - Carney

21 Mar 2019

LONDON The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday.

Bank of England keeps rates on hold as businesses brace for no-deal Brexit

21 Mar 2019

LONDON, March 21 The Bank of England kept interest rates steady on Thursday and said most businesses felt as ready as they could be for a no-deal Brexit that would likely hammer economic growth and jobs.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.