The new UK. prime minister, Theresa May said the country is eager to negotiate a free trade deal with Australia as soon as possible. The prime...
The British American Tobacco planned to cut 950 jobs at their German factory to reduce costs as smoking in Western Europe decline. The maker of Lucky...
The Bank of England surprisingly left its widely expected rate unchanged. The nine-member monetary committee led by Governor Mark Carney voted 8-1 to keep the rate...
The U.K. pound surged for a third day as Theresa May prepared to take-over from David Cameron. The U.K. pound rose 1.2 percent to $1.3179 against...
Three of the world’s top currency traders have said the pound woe is just getting started, after the embattled currency plunged to a 31-year low on...
The sterling dropped to its lowest in more than 30 years against the US dollar, after the Bank of England warned of the impact of Brexit...
UK services industry remained cool in June as customers either cancelled or postponed orders ahead of Brexit. The gauge of uk services decreased from 53.5 in...
UK construction industry contracted at the fastest pace in 6 years. The Purchasing Managers’ Index fell from 51.2 in May to 46 in June, below the...
U.K. Manufacturing Output Rises Before Brexit U.K. manufacturing unexpectedly rose in June to its fastest pace in five months, beating analysts estimate of 50.1. The...
The Governor of the Bank of England Mark Carney signaled the central bank could cut interest rates in a few months as the institution strive to...