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…
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…
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…
UK Care Minister Helen Whately told members of parliament that London would move into Tier 2 COVID-19 restrictions from Friday Midnight into Saturday. BREAKING: Care Minister Helen Whately tells London…
UK Prime Minister Boris Johnson will impose a three-tiered system of COVID-19 restrictions on parts of England as pandemic accelerates, despite rising anger due to curtailment of freedoms, according to…
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…
U.K. mortgage market recovered in August, following slowdowns by COVID-19, according to a press release. Households borrowed additional 3.1 billion pounds, net, secured on their homes, a rise from July's…
U.K.'s September private sector output was a record low from August's 72-month high, according to Composite PMI press release. The slowdown reflected weak improvements in the manufacturing service sector activity.…