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Economy

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Bank of England Cuts Interest Rates to 0.1%

March 19, 2020 admin Bank of England, Economy, Interest Rates

The Bank of England has confirmed that interest rates have been cut to 0.1%, a reduction from 0.25%, the lowest

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Coronavirus Economy 

Pound at Lowest Level Against Dollar Since 1985

March 18, 2020 admin Coronavirus, Economy

The pound is now at its weakest level against the US dollar since 1985 as the markets continue to react

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Conservative Party Economy 

Chancellor of the Exchequer Resigns

February 13, 2020March 18, 2020 admin Boris Johnson, Economy, John McDonnell, Rishi Sunak, Sajid Javid

Sajid Javid, the Chancellor of the Exchequer, has unexpectedly resigned from the Government, as the Prime Minister’s Cabinet reshuffle falls

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Pound Tumbles to 28-Month Low Against Euro

September 3, 2019 admin Economy

The pound has tumbled in morning trading following the political uncertainty in Government, with the currency at a 28-year month

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UK Economy Shrinks for First Time in Seven Years

August 10, 2019 admin Economy, John McDonnell, Sajid Javid

The UK economy shrank in size between April and June 2019, the first fall since 2012. The news came as

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Bank of England Cuts UK Growth Forecast

August 1, 2019 admin Bank of England, Brexit, Economy

The Bank of England has cut the growth forecasts for the UK economy to 1.3% this year, from the previous

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Business Secretary Responds to Jaguar Land Rover Cuts

January 11, 2019 admin Brexit, Economy, Greg Clark, Jack Dromey, Jaguar Land Rover

Greg Clark, the Secretary of State for Business, Energy and Industrial Strategy has said that the decision of Jaguar Land

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UK Quarter Growth Increases by Just 0.1%

April 28, 2018 admin Economy, John McDonnell, ONS, Theresa May

The Office for the National Statistics, the ONS, has said that UK growth increased by only 0.1% over the last

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Uncategorized 

OECD Warns of Damage to British Economy if Close Ties to EU Aren’t Maintained

October 18, 2017 admin Angel Gurria, Brexit, Economy, OECD, Theresa May

The OECD has warned that the British economy faces long-term decline if it doesn’t maintain close ties to the European

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Uncategorized 

ONS Warn of “Notable Slowdown” in Latest GDP Figures

July 26, 2017 admin Darren Morgan, Economy, John McDonnell, Office for National Statistics, Philip Hammond

The ONS has warned that there has been a “notable slowdown” in the economy following the publication of the second

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