Economy


Michel Barnier Rules Out Special Brexit Deal For The City

Hedge Fund - Published date: .

Brexit secretary David Davis had hoped to reach a bespoke trade deal with the European Union, similar to the one impleme... Read more

One In Three 'gig Workers' Admits To Juggling Two Or More Jobs At One Time

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One in 10 respondents more inclined to take up a 'gig economy' job during the Christmas season, research shows. Read more

'Shared Market' Could Benefit Both UK And EU Post Brexit, Think Tank Says

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The Institute for Public Policy Research has called for the creation of a new customs union within which the UK would be... Read more

Revealed: The Day Britons Stop Working Before Christmas

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Monday 18 December marks the day most Britons admit downing tools at work in preparation for Christmas. Read more

Cost Of Drinks In Scotland To Increase By 90% Because Of Minimum Alcohol Price

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The introduction of the minimum unit pricing will see price of some ciders increase by as much as 90%. Read more

Bank Of England Keeps Rates Unchanged But Warns Brexit Remains Top Challenge To Monetary Policy

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Monetary Policy Commitee hints that further fiscal tightening might be required over next few years. Read more

Accept EU Terms To Secure 'urgent' Brexit Transition Deal, MPs Say

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Treasury Select Committee says consequences of not agreeing a transition agreement would be "dramatic and damaging". Read more

Black Friday Sales Deliver Huge Boost To Retail Sector

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Retail sales climb 1.1% month-on-month in November as sales of household goods jump 2.9% thanks to Black Friday sales. Read more

Britons Could Begin Christmas Holidays On 11 December If It Wasn't For IT Issues

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Research shows IT issues are such a significant issue for British productivity that cost office workers 2 hours a week. Read more

UK Unemployment Rate Holds At Historic Low But Number In Work Falls For Second Month

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Number of people in work records a second month of decline and the largest drop since the quarter between March and May ... Read more

Water Bills To Fall Between £15 And £25 From 2020

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Ofwat says decline in financing costs for water companies will be passed on to customers from the beginning of next deca... Read more

Over 50% Of Britons Turn To Loans And Credit Cards To Fund Christmas Shopping

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Almost six in 10 British households have admitted having to make 'significant financial sacrifices' during the festive p... Read more

UK Faces Losses Of $140bn Over Coming Decade If 'no-deal' Brexit Goes Through

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Think tank says Britain will be worse off economically under most post-Brexit scenarios, especially if it exits the EU w... Read more

UK Inflation Surges To Highest Level In Over Five-and-a-half Years

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Bank of England Governor Mark Carney to write a letter to the Chancellor explaining why price growth is so far above the... Read more

Revealed: Why Britain Is Among The Cheapest Countries For Foreign Workers

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The annual ECA's Cost of Living Index found Luanda replaced Tokyo as the most expensive city for expat workers. Read more

London House Prices Set To Decline 2% In 2018

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Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018. Read more

UK Is The Top Destination For European Jobseekers Despite Brexit, Study Suggests

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Nearly a third of those looking for a job in another country preferred Britain as their top work destination. Read more

UK Consumer Spending Falls For Third Consecutive Month In November

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Consumer spending fell 0.9% compared to a year earlier following a 2.1% drop in October, Visa and IHS Markit said. Read more

US Unemployment At 17-year Low But Wage Growth Remains Painfully Slow

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Jobs report makes clear the US economy is on a firm footing but income levels nowhere near boom times. Read more

House Price Growth Still Above Inflation, Despite First Decline In Four Months

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House prices grow 3.9% in the year to November, as annual rate of growth drops for the first time since July. Read more