Tag: UK economy
U.K. GDP Grows 0.1% in August, Signaling Modest Economic Recovery
U.K. GDP Grows 0.1% in August as Economy Shows Modest Recovery
The U.K. economy returned to modest growth in August, offering a small but welcome...
British Pound Slips on Softer UK Wage Figures
Pound Slips as UK Wage Growth Slows, Supporting Gradual Rate Cuts
The British pound edged lower on Tuesday after official data showed that growth in...
UK GDP Expands 0.3% in Q2 as Current Account Deficit Widens
Britain’s economy expanded by 0.3% in the April-to-June period, according to the Office for National Statistics (ONS) on Tuesday. The figure was unchanged from...
UK Retail Sales Rise 0.5% in August, Beating Expectations
U.K. retail sales rose in August, but growth remained modest, highlighting continued pressure on consumers.
Data from the Office for National Statistics (ONS) showed retail...
Bank of England Holds Rates Steady, Keeps Bank Rate at 4%
The Bank of England (BoE) kept interest rates unchanged at its policy meeting on Thursday, as markets had widely anticipated. The central bank signaled...
UK Inflation Stays at 3.8%, Leading Major Developed Economies
UK inflation steady at 3.8%, highest among major economiesUK inflation stayed at 3.8% in August, the highest rate among advanced economies, according to official...
UK and US Seal $42 Billion Tech Deal During Trump’s Visit
UK and US strike $42B technology pact during Trump visitBritain and the United States have signed a landmark technology agreement to strengthen cooperation in...
HSBC sees BoE sticking with £100bn a year quantitative tightening
HSBC Expects Bank of England to Maintain £100 Billion QT Pace
HSBC forecasts that the Bank of England (BoE) will keep its quantitative tightening (QT)...
UK GDP Data Reveals Zero Growth in July
The UK economy showed no growth in July, according to official data released on Friday, matching economists’ expectations after a strong 0.4% rebound in...
