UK economy
Brexit 10 years on: UK exporters still adjusting to life outside the EU
A Jul 22 EU-UK summit aims to seal a deal to ease non-tariff barriers from mid-2027
UK inflation unexpectedly holds steady at 2.8% in May
Inflation was held down by food and non-alcoholic drinks
Britain’s inflation fears can be found in its pubs and cafes
Services inflation has been running at an average of 4.5 per cent over the last 12 months
UK economy shrinks in April as Iran war starts to take its toll
It follows a bumper first quarter when Britain enjoyed strong growth
UK’s biggest retailers cut 18,000 jobs amid rising taxes and wages
Massive layoffs show how the Labour government’s tax hikes are hitting the British’s top employers
The affordability crisis is about more than prices
Governments are responding to affordability concerns by negotiating retail price cuts, but results disappoint
Growth spurt for UK factories will be short-lived, PMI shows
Pickup is likely to be brief as it is largely driven by businesses bringing forward purchases
Bank of England’s Bailey says allowing inflation to run above target is appropriate
Keeping interest rates on hold was already affecting the economy, he said
Asean will benefit from breakthrough trade deal between UK and Gulf states
Britain and the Middle East states have a shared interest in the Asian region
UK private sector shrinks as Starmer crisis adds to Iran shock
S&P Global’s purchasing managers’ index dropped to 48.5 in May from 52.6 in April