uk-economy
Top StoriesBritain Eases Planning Rules for Onshore Wind Projects in England
Top StoriesUK Investors’ Stocks Sell-Off Accelerates, ESG ‘boom Ends’ – Calastone
Top StoriesEquipment Rental Firm Ashtead Lowers UK Rental Revenue Outlook, Shares Fall
Top StoriesUK August New Car Registrations up More Than 20%- Smmt
UK Statistics Office Revises up Strength of post-COVID Bounce Back
Date: September 1, 2023
UK statistics office revises up strength of post-COVID bounce back By David Milliken LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy at the end of 2021, suggesting its recovery from the COVID-19 pandemic may have been much closer to that of other big countries than previously...
British Home Prices to Fall 4% in 2023 as Borrowing Costs Bite – Reuters Poll
Date: September 1, 2023
British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as high interest rates and living costs keep potential buyers out of the property market despite a shortage...
UK Business Optimism at 18-month High on Hopes for Rate Hike Pause
Date: August 31, 2023
UK business optimism at 18-month high on hopes for rate hike pause LONDON (Reuters) – British companies are their most confident since before Russia’s invasion of Ukraine, according to a survey that also showed they planned to keep on raising prices and staff pay, adding to worries for the Bank of England about high inflation....
UK’s Car Output Continues Growth Streak for Six Months in July- Smmt
Date: August 31, 2023
UK’s car output continues growth streak for six months in July- SMMT (Reuters) – Britain’s car production rose for the sixth consecutive month in July as automakers continued to recover from global chip shortages, an industry body said on Thursday. The Society of Motor Manufacturers and Traders (SMMT) said a total of 76,451 units rolled...
Fear of Embracing Technological Change Is Holding Back the UK Economy
Date: August 29, 2023
Fear of embracing technological change is holding back the UK economy By Colin Bryce managing director of digital transformation company Cobry In a fast-evolving commercial environment, one of the most crucial lessons any modern business leader can learn is about the importance of change management. CEOs of large companies and organisations can afford to pay...
UK Stocks Rise as Weak Factory Data Prompts Rethink of Peak Rates
Date: August 23, 2023
UK stocks rise as weak factory data prompts rethink of peak rates By Siddarth S and Khushi Singh (Reuters) -Britain’s main stock indexes rose on Wednesday, with the mid-cap FTSE 250 recording its best session in over a month, as weak factory activity data fuelled expectations that the Bank of England may not have to...