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Housebuilders were especially hard hit. There was also pain for EasyJet, which would be severely affected by a no-deal Brexit... [Read More]
The estimate from the Washington-based organisation works out as around £6,000 per British household... [Read More]
City of London analysts had expected the rate to tick up to 2.5 per cent... [Read More]
There are now 2.3 million EU-born workers in the UK, down from a peak of 2.41 million in the third quarter of 2017... [Read More]
The currency fell to $1.3095 as the Prime Minister delivered a special statement in Downing Street after her Chequers Brexit plan was rejected by EU... [Read More]
Total borrowing came in at £6.75bn, up £2.4bn on the same month in 2017... [Read More]
Retail sales rose 0.2 per cent in the month, whereas City of London economists had expected a 0.2 per cent contraction after the strong performance... [Read More]
Prominent think tank the IPPR said 97 per cent of current EU employees in UK hospitality industry would be ineligible under new Migration Advisory Committee... [Read More]
Andy Wong/AP Images Trump's 10% tariffs on a further $200 billion of Chinese imports puts the total value of trade affected by Trump... [Read More]
City of London analysts had expected the rate to decline to 2.4 per cent. Instead it jumped to 2.7 per cent... [Read More]
What does this innovation by the Social Metrics Commission measure? And what does it show about UK poverty? [Read More]
Ms Lagarde also sought to scotch the idea, promoted by hardline Brexiteers, that crashing out of the EU next March will be a long-term economic... [Read More]
The Governor suggested that, unlike after the referendum vote, rates may need to rise to curb inflation... [Read More]
The Bank's Monetary Policy Committee said that the signs had come 'most prominently in financial markets of greater uncertainty about future developments in the withdrawal... [Read More]
On 15 September 2008 Lehman Brothers, the giant US investment bank, went bust. [Read More]
The rise in wages will likely reassure the Bank of England its judgement about UK economy – that slack is almost gone and this will... [Read More]
The rise in wages will likely reassure the Bank of England that its key judgement about the UK economy - that slack is almost gone... [Read More]
Over the three months to July the growth rate picked up from 0.4 per cent to 0.6 per cent, the highest since the summer of... [Read More]
The reading for business optimism declined to one of its lowest levels seen since the 2016 EU referendum... [Read More]
On the current trajectory public borrowing would come in at just £24bn in 2018-19, or around 1.3 per cent of GDP... [Read More]