Edition:
United Kingdom

William Schomberg

Explainer: Britain and EU ready to do battle again as trade talks near

3:24pm GMT

BRUSSELS/LONDON The battle lines between Britain and the European Union are taking shape on farming, fish, state aid, banking and a host of other issues ahead of the launch of negotiations for a free trade deal in March.

UK consumers cut back on spending again, adding to economic gloom

17 Jan 2020

LONDON British consumers failed to increase their spending for a record fifth month in a row in December, adding to signs of economic weakening that might prompt the Bank of England to cut interest rates this month.

UK housing market gets a boost from election - RICS

16 Jan 2020

LONDON Britain's housing market got a boost from Prime Minister Boris Johnson's big election win in December, a survey showed on Thursday, a pick-up that will be noted by the Bank of England as it considers whether to cut interest rates this month.

Bank of England's Tenreyro joins rate cut talk

10 Jan 2020

LONDON Bank of England policymaker Silvana Tenreyro said she would be inclined to back an interest rate cut in the coming months if growth does not pick up, adding to suggestions that the central bank is edging towards pumping more stimulus into the economy.

UK shoppers rein in spending to cap grim 2019 for retailers - BRC

10 Jan 2020

LONDON British shoppers cut back on spending in late 2019, rounding off the worst year since at least the mid-1990s for retail sales as measured by an industry group which blamed uncertainty about Brexit and last month's election for the slump.

UK's Javid pledges more spending to help voters in March 11 budget

07 Jan 2020

LONDON British finance minister Sajid Javid promised to use public investment to help the voters who gave Prime Minister Boris Johnson a thumping election win last month, heralding a shift in capital spending towards underperforming regions of the country.

UK consumer borrowing rises at slowest rate since 2014; construction sags

03 Jan 2020

LONDON British consumers increased their borrowing in November at the slowest rate in more than five years and the construction industry's decline worsened in December, figures showed on Friday, adding to signs of an economy that stalled late last year.

UK consumer borrowing rises at slowest rate since 2014; construction sags

03 Jan 2020

LONDON British consumers increased their borrowing in November at the slowest rate in more than five years and the construction industry's decline worsened in December, figures showed on Friday, adding to signs of an economy that stalled late last year.

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