Britain’s borrowing is forecasted to reach a total of 394 billion pounds this year, or 19% of GDP, the highest level in peacetime history, according to the Office for Budget…
Britain’s Society of Motor Manufacturers and Traders (SMMT) on Tuesday called on Brexit negotiators to clinch a deal by the end of 2020 since a no-deal outcome could cost the…
U.K’s private sector growth tumbled to a five-month low of 47.4 in November, down from 52.1 in October, according to IHS Markit’s press release. The decline was better than the…
In a look at news making headlines, Fed voting issues, stimulus packages, and ECB policy are the focus. Here are the monetary policy developments: Shelton’s time is running out in…
The average house price in the U.K. now tops 250,537 million pounds for the first time in history, according to Halifax press release. The annual price inflation rose 7.5% in…
The Bank of England (BOE) Monetary Policy Committee (MPC) maintained the Bank Rate at 0.1% as focus shifts to meeting a 2% inflation target and supporting the economy, according to…
October's Economic Sentiment Indicator (ESI) in the Euro area and EU remained unchanged at 90.9 and 90.0, respectively, according to the European Commission press release. Employment Expectations Indicator (EEI) was…
Flash PMI data for the G4 developed economies remained largely unchanged in October as rising COVID-19 restrictions slowed recovery, especially in the service sector, according to IHS Markit. In the…
The U.K. GDP was up 2.1% for a fourth consecutive month as COVID-19 lockdown measures eased, according to press release. August's GDP is 21.7% higher than April's record fall of…