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Economics

  • Labour unlikely to secure major rewrite of Brexit deal as EU has ‘moved on’, report says

    June 18, 2024

    Labour will face difficulties in securing major changes to Boris Johnson's Brexit deal because the European Union (EU) has "moved on" from Brexit, a new report suggests.

  • Business investment: Another unwanted title for UK economy

    June 18, 2024

    This is the third successive year in which the UK has ranked bottom among the world's richest economies in terms of investment.

  • FTSE 100 today: London markets to open higher amid firm global cues

    June 18, 2024

    Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.

  • London dragging on UK’s productivity growth since the pandemic, data suggests

    June 17, 2024

    London has been holding back the UK's productivity growth since the pandemic, despite being the country's most productive region.

  • Big banks hike small business lending for first time in nearly two years as UK economy improves

    June 17, 2024

    Big banks' lending to UK small and medium-sized enterprises (SMEs) has seen its first notable rise for almost two years, according to quarterly data, amid an improving outlook for the domestic economy.

  • Demand for workers remains strong despite loosening labour market

    June 17, 2024

    "The number of active job adverts remains above 1.7m which shows steady demand for workers despite slow progress in the wider economy," Neil Carberry, chief executive of the REC said.

  • National Wealth Fund will help create 650,000 jobs over five years, Reeves says

    June 17, 2024

    Earlier this year the Shadow Chancellor announced the creation of a taskforce of experts to provide advice on crowding in private sector investment.

  • China faces uphill battle for recovery amid mixed economic data

    June 17, 2024

    China faced several economic challenges in May, notably with industrial output growth falling short of expectations.

  • FTSE 100 today: London markets set to open lower as global sentiment deteriorates

    June 17, 2024

    Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.

  • Bank of England to hold rates even as inflation looks set to fall to two per cent

    June 16, 2024

    The rate-setting Monetary Policy Committee (MPC) left the door open for a June cut at its last meeting in May, but since then a number of data releases have pointed to stubborn inflationary pressures.

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