UK households spent more than their income in 2017 for the first time in three decades as consumer borrowing hit a ten year high, according to Office for National Statistics data, which a…
Read more … →The UK could enjoy a pickup in growth over coming years even as developed economies elsewhere in the world slow, according to economists at Berenberg Bank, who argued Wednesday that conditions are …
Read more … →UK manufacturers saw a sharp increase in activity during recent months as an increase in domestic demand more than offset a slowdown in acitivity on the international stage, according to Confe…
Read more … →Tough choices await HM Treasury over coming years, according to the Office for Budget Responsibility (OBR), as mounting pressures on the public purse will require either steep cuts to governme…
Read more … →Confidence among British businesses rose in line with a pickup in consumer spending in July, according to the semiannual Business in Britain survey carried out by Lloyds Bank, adding weight to…
Read more … →The European Central Bank may keep its interest rates at their current record lows until after the 2019 year, which would stifle the Euro's performance against rival currencies during the months ah…
Read more … →Data from the Office for National Statistics confirms the UK's penchant for importing more than it exports is as alive as ever.
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