UK economy

The Latest

  • UK And New Zealand Sign Free Trade Agreement
    Free Trade Deal
    Under the new deal, all barriers to trade between the two nations will be removed, including tariffs on goods such as farm equipment and clothes.
  • Boris Johnson Gets Parliament Vote For Health Care Tax Hike
    Boris Johnson
    Boris Johnson's tax hike plan includes an additional 1.25% income tax and 1.25% dividend tax.
  • Marks & Spencer Cutting 7,000 Jobs As UK Retail Suffers
    Marks & Spencer
    Action had to be taken to reflect rapid changes and ensure the company's survival, M&S says.
  • UK Housing Market Expected To Lose $17.8 Billion This Year Amid Crisis
    UK Housing Market
    London-based property consultancy firm Knight Frank estimates that the Uk's housing market could experience losses of up to $17.8 billion due to the pandemic.
  • UK Job Figures Plunge At Fastest Rate In Over A Decade
    UK FACTORY
    Analysts say factories facing component shortages as global supply chains are disrupted.
  • UK Inflation Hit Six-Month High In January Amid Higher Home And Fuel Prices
    UK Inflation
    The UK's Office for National Statistics reported a 1.8 percent increase in the country's Consumer Price Index (CPI) for the month of January.
  • Britain To Hold First General Election In Over A Century
    Brexit
    Some experts are not sure what to make of the upcoming British general election as Parliament continues to express division over Brexit.
  • British Opposition To Vote Against EU-Approved Brexit Deal
    Boris Johnson
    The British Parliament quickly rallied against the Brexit deal that its Prime Minister managed to achieve with the EU on Thursday.
  • Gibraltar Govt. To The Rescue Amid ‘Yellowhammer’ Leak
    Anti-Brexit march
    The leaked “Operation Yellowhammer” reportedly predicts shortages in key British commodities but some experts say the documents are outdated.
  • UK Economy Contracts As Manufacturing Output Slows Down
    UK Economy
    The UK's gross domestic product (GDP) has contracted by 0.2 percent for the second quarter of this year, dragged by a 1.4 percent decline in manufacturing output.
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