Today: September 19, 2024
Today: September 19, 2024

Latest From Andy Bruce

Economy|Finance|News

Bank of England set to hold rates with bond sales in spotlight

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about

Bank of England set to hold rates with bond sales in spotlight
Business|Economy

UK's embattled manufacturers see brighter days, Make UK/BDO survey shows

British manufacturers grappling with falling output and fading growth in new orders see better days ahead, helped by a more stable political environment after the landslide

UK's embattled manufacturers see brighter days, Make UK/BDO survey shows
Business|Economy|Europe

British government will revive active job support plans, minister says

Britain will revive active job market policies that hark back to past Labour governments to help boost employment and reduce inactivity, a sore spot for the economy, new

British government will revive active job support plans, minister says
Business|Economy

Services' grip on UK economy tightens as manufacturing share ebbs further

Britain's shift towards a services-dominated economy is accelerating, pushing manufacturing's share of economic output to a historic low and setting the nation apart from its

Business|Economy|Europe

UK businesses report more growth momentum in August

British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going

UK businesses report more growth momentum in August
Business|Economy|Europe

UK manufacturers show fresh signs of life after election, PMI shows

British factories recorded their best month for two years during July, with output and hiring rising and optimism building after Prime Minister Keir Starmer's landslide

UK manufacturers show fresh signs of life after election, PMI shows
Economy|Finance

What taxes can UK finance minister Rachel Reeves raise in her first budget?

British finance minister Rachel Reeves plans to raise taxes when she presents her budget in three months' time, but her options are limited by her promise not to increase

What taxes can UK finance minister Rachel Reeves raise in her first budget?
Economy|Finance

Bank of England unveils new stability tool to soothe gilt market ructions

The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension funds will be able to use during severe turbulence in the British

Bank of England unveils new stability tool to soothe gilt market ructions
Business|Economy

Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says

Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from

Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says
Economy|News|Political

UK aims to top G7 per-capita economic growth for two years running, source says

The new British government's aim to post the fastest sustained economic growth among G7 nations hinges on ranking first for increases in per-capita output for two years

UK aims to top G7 per-capita economic growth for two years running, source says
Economy

Faster UK economy growth gives gift to new government

Britain's economy grew more quickly than expected in May, providing some momentum for the new government of Prime Minister Keir Starmer but adding to doubts about whether the

Faster UK economy growth gives gift to new government
Economy

Chilly June prompts UK consumers to cut back their spending

British consumer spending contracted in June, hurt by bad weather, according to surveys on Tuesday that added to recent signs of the country's tepid economic growth that the

Chilly June prompts UK consumers to cut back their spending
Business|Economy

UK pay deals average almost 5% in crucial April period: Brightmine

British employers handed out pay deals worth almost 5% in the three months to April, the busiest month for annual settlements, according to a survey that adds to signs that

Economy

Asking prices for UK houses stagnate in June, Rightmove says

Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property

Asking prices for UK houses stagnate in June, Rightmove says
Business|Economy

UK housing market falters as rate cut hopes fade, RICS survey shows

Britain's housing market lost momentum in May as the prospect of imminent rate cuts by the Bank of England faded, spurring a drop in buyer demand and house prices, a survey

UK housing market falters as rate cut hopes fade, RICS survey shows
Business|Economy

Growth across UK business dips in May, in early blow to Sunak, PMI survey shows

Growth across British businesses has cooled noticeably this month and by more than any economist polled by Reuters had predicted, a survey showed on Thursday, in an

Growth across UK business dips in May, in early blow to Sunak, PMI survey shows
News|Political

Lagging in polls, UK Conservatives pitch national service at 18

Britain's Conservative Party will introduce mandatory national service for 18-year-olds if it wins the national election on July 4, comprising military or community

Lagging in polls, UK Conservatives pitch national service at 18
Economy|News|Political

UK budget deficit overshoots, turning fiscal screw on Sunak government

Britain's government borrowed more than expected in the 2023/24 financial year, data showed on Tuesday, in bad news for Prime Minister Rishi Sunak who hopes to woo back

UK budget deficit overshoots, turning fiscal screw on Sunak government

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