UK Jobless Rate Rises; Wage Growth Slows
The UK unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further.The unemployment rate…
Competition Bureau sets sights on Dye & Durham years after company dramatically hiked prices
Dye & Durham Ltd. stock tumbled 12.5 per cent Thursday after Canada’s Competition Bureau revealed it was investigating alleged anti-competitive conduct by the Toronto real estate software firm.The news adds…
Bank Of England Cuts Rate By 25 Bps; Future Easing To Be Gradual
The Bank of England reduced its benchmark rate for the second time this year citing continued progress in disinflation but suggested that further easing is set to be gradual as…
UK House Prices Rise For Fourth Straight Month
UK house prices increased for the fourth straight month to hit a record high in October but prices are expected to climb at a moderate pace as slower interest rate…
UK House Price Inflation Slows To 2.4%: Nationwide
House price inflation in the UK eased for the first time in six months in October, the Nationwide Building Society reported Friday.House price growth softened to 2.4 percent in October…
UK Consumers Held Back Spending Ahead Of Autumn Budget – CBI Survey
British retailers saw sales volumes decline in October as consumers hesitated to spend due to the uncertainty surrounding the new chancellor Rachel Reeves' budget later this week, results of a…
UK Budget Deficit Widens More Than Estimated
The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday.Public sector…
UK Retail Sales Rise Unexpectedly
UK retail sales logged an unexpected growth in September on higher sales of technology products, the Office for National Statistics said Friday.Retail sales grew 0.3 percent on month in September,…
UK Inflation Falls Below 2% Target
UK inflation fell below the 2 percent target and also hit the lowest in more than three years in September, piling pressure on the Bank of England to ease policy…
U.K. government sets out National Wealth Fund plan to attract private capital
Britain’s finance minister Rachel Reeves said she would “catalyze” billions of pounds of investment into growth sectors, such as gigafactories, green hydrogen and carbon capture, through a new wealth fund…