Sterling stabilised on Thursday after the Bank of England (BoE) reiterated its commitment to raising its interest rate over the coming quarters, in stark contrast to the stance of other developed world central banks, but the outlook is hinged mostly on the outcome of the Brexit saga.
March 21,2019
The UK economy may be headed into uncertain waters as the country leaves the European Union but it's so-far demonstrated resilience in the face of a homemade political crisis, enabling HM Treasury to commit to a modest increase in public spending for the 2019 year on Wednesday.
March 13,2019
A second referendum is justifiable on the basis that Brexit was not a clearly-defined proposition when people voted on it in June 2016, says Jean Raby CEO of Natixis Investment Managers.
March 13,2019
The UK government says it will eliminate import tariffs on a wide range of goods and avoid a 'hard' border between Ireland and Northern Ireland in the event of a 'no deal' Brexit.
March 13,2019
The UK economy rebounded from its December slump early in the New Year, according to Office for National Statistics (ONS) figures released Tuesday, and momentum behind the recovery could be enough to ensure financial markets keep faith with hawkish bets about Bank of England (BoE) interest rate policy.
March 12,2019
The industrial slowdown that drove the German economy to a standstill at the end of last year was shalllower than previously thought, according to official data released on Monday, although economists say growth is still likely to slow again this year.
March 11,2019
The Eurozone economy is still on course to slow even further in 2019, according to economists, although the single currency bloc's health is not nearly as precarious as markets had come to believe in recent months.
March 7,2019
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