Bank of England cut growth forecast

Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.

Brexit deal in tatters

The ongoing and tense negotiations have led to a broad agreement by the UK to a gross financial settlement of £89bn on leaving the bloc, although the British expect the final net bill to be half as much. The news brings the two sides close to agreement on a key obstacle to opening talks on a future free trade pact.

I am proud to run a business with staff from twenty-two different countries, as well as many from the UK.  I run a global financial service and I need the best people in the world working with me to help develop and grow the business in a highly...

Growth across British construction companies rebounded unexpectedly in January after a slow end to 2014, boosted by improving order books and rising confidence. The construction purchasing managers' index (PMI) rose to 59.1 from December's 17-month...

The UK Economy ends 2014 with its best year since 2007 with waning momentum, the economy grew 2.6 percent in 2014. GDP slowed more than economists forecast at the end of 2014 as production and construction shrank, countering strength in consumer...

The pound weakened last week as details of the Bank of England’s first unanimous decision on monetary policy since July dampened the outlook for higher interest rates that would support the currency. Sterling fell against 13 of its 16 major...

GBPThis year is already starting to look very similar to 2014 for Bank of England Governor Mark Carney.  With the outlook dominated by a weak euro-area economy that’s showing few signs of recovery, political risks at home and inflation below...

GBPIt has been a bad year for UK companies trying to accurately predict their profits. According to a report by financial services firm EY, the number of profit warnings issued by the UK's largest listed companies in 2014 was higher than in...

It was a quiet news week over the festive period for the pound. However the pace of annual house price growth continued to soften as 2014 drew to a close, slowing from 8.5% in November to 7.2% in December. This marked the fourth consecutive...

GBP UK manufacturing output unexpectedly fell for the first time in five months in October, highlighting the risks to the economic recovery. Output dropped 0.7 percent after rising 0.6 percent in September with total industrial production falling...

In a report released on Monday 17th November some  senior city economists now   believe interest rates may not rise off their record lows of 0.5% until 2016. They also revised their growth forecasts for 2015 downwards to 2.4% from 2.6%, lower...

Economists have warned that Britain’s economy is slowing down after the service sector showed its weakest growth in 17 months. Services companies such as banks, hotels and hairdressers which make up the bulk of Britain's private sector saw growth...



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