U.K. Labor Market Slows The U.K. labor market is losing momentum and there are signs of growing pressure on household incomes as inflation picks up. The...
Carney to Ignore Inflation Jump as November Rate Cut Seen Days after the Bank of England governor said he’ll tolerate faster price gains in his efforts...
U.K. Inflation Rate Surges to Highest in Almost Two Years U.K. inflation accelerated to the fastest in almost two years in September, according to data from...
Pound Rises as May Eases Brexit Angst The pound rallied after Prime Minister Theresa May accepted that Parliament should be allowed to vote on her Brexit...
Following German Chancellor Angela Merkel’s claims yesterday that Britain could not remain in the single market unless it accepted free movement, the French President has agreed...
Two minutes of chaos in Asian trading sparked a plunge in the pound to a 31-year low, with traders saying the slump was exacerbated by computer-initiated...
Brexit Could Cost 70,000 Jobs and £40 Billion, Banks Warn Britain crashing out of the European single market could cost banks and associated businesses in the...
UK Construction PMI Returns to Growth, Beats Expectation The UK construction sector expanded in September as companies returned to growth. The construction purchasing managers’ index climbed...
Pound Slides on Brexit Trigger Date The pound fell against all but one of its 31 major peers after British Prime Minister Theresa May said she’ll...
Current-account gap climbs to 5.9% of GDP from 5.7% in 1Q GDP growth revised to 0.7% on the back of services, investment The U.K. current-account deficit...