Tag: UK economy
UK Economy Rebounds in November as GDP Grows 0.3% Month-on-Month
The U.K. economy returned to modest growth in November following a weak start to the fourth quarter, though the broader outlook remains uncertain.
Figures released...
UK Economy Nearly Stalls as Growth Crawls to 0.1%
Britain’s economy recorded modest growth of 0.1% during the July–September period, according to figures released on Monday by the Office for National Statistics. The...
UK Retail Sales Fall 0.1% in November, Defying Expectations
UK retail sales unexpectedly declined in November, extending the weakness seen in the previous month as consumers remained cautious ahead of the key holiday...
UK Inflation Falls to 3.2% Ahead of Bank of England Decision
UK consumer price inflation fell more sharply than expected in November, easing to 3.2% from 3.6% in October, according to official data released on...
UK Economy Shrinks Unexpectedly in October as GDP Falls 0.1%
The U.K. economy unexpectedly remained in contraction in October, as uncertainty ahead of the Autumn budget presented by Chancellor Rachel Reeves weighed on growth...
FTSE 100 Climbs as Pound Weakens and GDP Shockingly Contracts
British equities moved slightly higher on Friday, following gains across major European markets, even as the pound weakened and fresh data showed the U.K....
FTSE 100 Falls as Shell and BP Sink on New Ratings...
British stocks ended Friday lower while the pound remained stable against the U.S. dollar. Analysts noted that the recent rise in sterling is likely...
UK House Prices Climb Faster Than Expected in November
UK house prices rose by 0.3% in November, outperforming economist forecasts, according to new figures released on Tuesday by mortgage provider Nationwide.
The monthly rise...
Markets Move on U.S. Futures, Japan’s Stimulus Plans, and Bitcoin Weakness
U.S. stock futures steadied on Friday after a sharp selloff earlier in the week, while bitcoin dropped to a seven-month low. Markets are also...
UK Inflation Drops to 3.6% in October
British consumer price inflation eased to 3.6% in October, down from September’s 18-month high of 3.8%, according to official data released on Wednesday. This...
