The British economic system unexpectedly grew within the second quarter of the yr largely on account of a powerful rebound in June when many companies,
Tag: UK economy
UK inflation cools sharply to ease pressure on Bank of England
Inflation within the United Kingdom dropped by greater than anticipated in June and got here in at its lowest in over a yr, in response
Doctors walk out in UK health service’s biggest strike
Hospital docs in England on Thursday staged the largest walkout within the historical past of the U.Okay.’s state-funded National Health Service, prompting fears for affected
UK economy shrinks slightly on coronation impact
The U.Ok. economic system shrank barely in May, hit partly by an additional public vacation for the coronation of King Charles III, official knowledge confirmed
Bank of England says UK is coping with higher interest rates
The Bank of England (BoE) stated on Wednesday that Britain’s financial system is up to now proving resilient to a surge in rates of interest
UK economy makes slow start to 2023 as inflation weighs
Britain’s financial system made a lackluster begin to 2023 as inflation ate into households’ disposable revenue, official figures confirmed on Friday, and economists see a
London police officers increasingly miss meals, visiting food banks: Survey
Some 27% of London cops miss meals, whereas 8% go to a meals financial institution on account of rising prices, in accordance with a brand
UK vows to ‘stick to its guns’ as stubborn inflation fails to fall
Britain is bracing itself for additional will increase in borrowing prices as official knowledge Wednesday confirmed inflation defied expectations of a slowdown, placing but extra
Surprise rapid pickup in UK wage growth bolsters pressure on BoE
The labor market within the United Kingdom outperformed even the best expectations of economists in knowledge on Tuesday, piling stress on the Bank of England
UK economy grows in Q1 but March drop underscores fragility
Britain’s economic system grew by 0.1% within the first three months of 2023, a interval that was as soon as anticipated to be a part