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News And Announcements
22 Mar
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EU takes control of Brexit date as May flounders at summit

Theresa May lost control of the Brexit departure date on Thursday as EU leaders agreed a short postponement despite an appeal for a three month delay from the British prime minister.

22 Mar
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US manufacturing activity drops to 21-month low

Activity in the US manufacturing sector hit a 21-month low in March, according to preliminary data released on Friday.

21 Mar
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Business and unions call for May to change course on Brexit

Britain's employers and unions have called on Theresa May to abandon her uncompromising stance and seek consensus to avoid a “reckless” no-deal Brexit, while European Union leaders convened to decide on her request for an extension.

21 Mar
bank of england
BoE stays put on policy, waiting for Brexit result

The Monetary Policy Committee chose to stay put on policy, continuing to guide markets towards gradual hikes in Bank Rate, even as it noted how uncertainty around Brexit might be distorting the signals coming from recent economic data.

21 Mar
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Competition watchdog investigates construction industry

The competition watchdog has announced an investigation into the supply of construction services in the UK.

21 Mar
Government borrowing falls to 17-year low

UK government borrowing fell to a 17-year low for the financial year so far, supporting improved official forecasts and giving the chancellor room to ease the strain on public services.

21 Mar
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UK retail sales continue to bounce back

UK retail bounced back more than expected last month, boosted by online non-food shopping and motor fuel sales.

20 Mar
EU will only grant Brexit extension if May wins MPs approval - Tusk

Theresa May's request for a short Article 50 delay got a cold shoulder from European Union counterparts on Wednesday, while Parliament held an emergency Brexit debate.

20 Mar
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Pound plunges as EU rebuffs May's call for short Brexit delay

Theresa May on Wednesday told the House of Commons that she is "not prepared to delay Brexit any further than the 30 June" but reports leaking from the European Union suggested otherwise.

20 Mar
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UK manufacturers report lower output

Manufacturing output weakened in March, as Brexit uncertainty continued to weigh heavily on the sector.

20 Mar
property, housing, real estate, house prices
House prices growing at slowest rate since 2013 - ONS

House prices rose at their slowest annual rate for nearly six years in January, official figures showed on Wednesday, dragged down by ongoing weakness in the London market.

20 Mar
UK inflation nudges ahead but remains under Bank of England target

Inflation held steady in February, official data showed on Wednesday, further fuelling expectations that the Bank of England will leave interest rates unchanged when it meets later this week.

19 Mar
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Latest high street casualty Office Outlet falls into administration

Office stationary retail chain Office Outlet, formerly known as Staples, on Tuesday confirmed that it has fallen into administration, putting 1,200 jobs at risk.

19 Mar
theresa may article 50
Brexit: May will write to Tusk to request extension

Theresa May will write to European Council president Donald Tusk to request a delay to the Brexit deadline, Downing Street confirmed on Tuesday afternoon.

19 Mar
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UK employment defies Brexit jitters to hit new record

UK employment reached a new record in the three months to January as employers hired more workers despite concerns about Brexit and the wider economy.

18 Mar
US house USA United States of America housing
US homebuilder sentiment steady in March - NAHB

Sentiment among US housebuilders held steady in March, according to data released on Monday.

18 Mar
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Brexit: Pound slides on doubts over No10's prospect of success

Currency markets were pessimistic on Monday that Theresa May can pull a Brexit rabbit from the hat as she tries to bring sceptical backbenchers and Northern Ireland’s DUP round to supporting her exit deal.

18 Mar
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EU trade surplus with US rises to more than €11bn

The European Union’s trade surplus with the United States continued to rise in January, further underlining tensions between Brussels and Washington.

18 Mar
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UK businesses cut growth expectations

The British Chambers of Commerce trimmed its growth expectations for the UK economy due to the continued Brexit uncertainty.

18 Mar
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UK universal basic income possible at 2010 spending levels - think tank

Universal basic income could be achieved in the UK at the same level of benefit spending seen in 2010, according to a report from the Compass think tank.