UK manufacturers saw a sharp increase in activity during recent months as an increase in domestic demand more than offset a slowdown in acitivity on the international stage, according to Confederation of British Industry (CBI) data, although new order numbers suggest a slower pace of growth is in the cards toward year-end.
July 24,2018
Tough choices await HM Treasury over coming years, according to the Office for Budget Responsibility (OBR), as mounting pressures on the public purse will require either steep cuts to government spending or a rethink of tax policy.
July 18,2018
Confidence among British businesses rose in line with a pickup in consumer spending in July, according to the semiannual Business in Britain survey carried out by Lloyds Bank, adding weight to economist forecasts that UK economic growth will gather pace during the second half of the year.
July 16,2018
The European Central Bank may keep its interest rates at their current record lows until after the 2019 year, which would stifle the Euro's performance against rival currencies during the months ahead, according to economists and analysts covering Eurozone monetary policy.
July 15,2018
Data from the Office for National Statistics confirms the UK's penchant for importing more than it exports is as alive as ever.
July 10,2018
The Pound pared some of its gains Tuesday after Office for National Statistics data showed the UK manufacturing and industrial sectors growing slower than was expected during the month of May, tempering expectations for a sharp rebound in GDP growth during the second-quarter.
July 10,2018
The first of the new monthly estimates of GDP from the Office for National Statistics shows a mixed picture of the UK economy with modest growth driven by the services sector, partly offset by falling construction and industrial output.
July 10,2018
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