LONDON: Millions of commuters and businesses across London are bracing for a week of disruption as workers on the London…
Category: Economy
Sterling Holds Steady as Gilt Sell-Off Shows Signs of Easing
LONDON – The pound steadied on Friday after a turbulent week that underscored investor anxiety over the UK’s fiscal outlook,…
UK Green‑lights £38 Billion Sizewell C Nuclear Plant to Secure Future Energy
LONDON, July 22 — The UK government has granted final investment approval for the £38 billion Sizewell C nuclear power station,…
UK inflation rockets in April
The office for national statistics said inflation leapt to 3.5% in April from 2.6% in March, the highest reading since…
UK economy grew more quickly than forecast in early 2025
LONDON- Britain’s economy unexpectedly grew in March to push up output over the first quarter of 2025 by the most…
UK Public Finances Under Severe Strain Amid Mounting Borrowing Crisis
The UK’s economic outlook has taken a sharp turn for the worse, with newly released figures showing a dramatic overshoot…
UK in Strong Position to Overturn US Tariffs- Reynolds
The UK remains in the best position to overturn US trade tariffs, despite failing to secure an exemption thus far,…
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…
UK and Japan Strengthen Economic Ties Ahead of High-Level Talks
TOKYO: High-level economic security talks between the United Kingdom (UK) and Japan took place on Friday against the backdrop of…
London’s Economic Outlook: Key Developments as of February 2025
Bank of England’s Monetary Policy The Bank of England’s chief economist, Huw Pill, emphasized the necessity of maintaining restrictive interest…