Tag: UK economy
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...
BOE set to cut rates in December and again in early...
The Bank of England is expected to cut interest rates in December and again early next year, as inflation is projected to ease in...
UK Growth Slows in Q3 as JLR Cyberattack Weighs
Britain’s economy saw only minimal growth in the third quarter, held back by a major cyberattack on Jaguar Land Rover in September. The latest...
FTSE 100 Slips as Energy and Industrial Stocks Drag
FTSE 100 Slips Slightly as Energy and Industrial Stocks Weigh
London’s FTSE 100 index edged slightly lower on Wednesday, pausing after two consecutive record-high closes,...
UK Unemployment Edges Higher in September as Wage Growth Cools
UK Unemployment Rises to 5% as Wage Growth Slows, Boosting Rate Cut Hopes
The UK unemployment rate rose in September, according to official data released...
Halifax Reports 0.6% Jump in UK House Prices
UK house prices rose more than expected in October, climbing 0.6% on the month, according to data from mortgage lender Halifax released on Friday....
HSBC Drags as UK Stocks Pause After Recent Rally
UK Stocks Flat as HSBC Slips on Court Loss; FTSE Holds Near Record Levels
London-listed stocks closed flat on Monday as investors took a breather...
UK Hit With $2.5 Billion Loss After Jaguar Land Rover Hack
Jaguar Land Rover Hack Cost UK Economy $2.5 Billion, Report Finds
A major cyberattack on Jaguar Land Rover (JLR) in August caused an estimated £1.9...
UK Government Borrowing Surges to Four-Year Record
UK Government Borrowing Surges to Four-Year High in September
UK public sector borrowing rose to £20.2 billion in September, marking the highest September total since...
