ECONOMY

The Institute for Public Policy Research has called for the creation of a new customs union within which the UK would be able to opt out of EU rules in specific areas.

However, sugar cane diversion to ethanol production in Brazil means global prices remain high.

Monday 18 December marks the day most Britons admit downing tools at work in preparation for Christmas.

The introduction of the minimum unit pricing will see price of some ciders increase by as much as 90%.

'Bumping along the bottom' is what the British currency did in 2017 and the same expression might apply to 2018 too.

Monetary Policy Commitee hints that further fiscal tightening might be required over next few years.

Treasury Select Committee says consequences of not agreeing a transition agreement would be "dramatic and damaging".

Retail sales climb 1.1% month-on-month in November as sales of household goods jump 2.9% thanks to Black Friday sales.

Research shows IT issues are such a significant issue for British productivity that cost office workers 2 hours a week.

Number of people in work records a second month of decline and the largest drop since the quarter between March and May 2015.

Ofwat says decline in financing costs for water companies will be passed on to customers from the beginning of next decade.

At one stroke, there is a new asset class which is an easily divisible store of value – taking the crown from gold, and can be moved around at the click of a mouse.

Wildfires, rising sea levels and droughts creating new challenges for city governments, report says.

Almost six in 10 British households have admitted having to make 'significant financial sacrifices' during the festive period.

There is only one possible reason to remain in the customs union, namely as a way of transitioning back into full membership.

Think tank says Britain will be worse off economically under most post-Brexit scenarios, especially if it exits the EU without a trade deal.

Bank of England Governor Mark Carney to write a letter to the Chancellor explaining why price growth is so far above the BoE's 2% target.

The annual ECA's Cost of Living Index found Luanda replaced Tokyo as the most expensive city for expat workers.

Tax overhaul could violate international obligations and risks having "a major distortive impact" on trade.

Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018.

Nearly a third of those looking for a job in another country preferred Britain as their top work destination.

Consumer spending fell 0.9% compared to a year earlier following a 2.1% drop in October, Visa and IHS Markit said.

Jobs report makes clear the US economy is on a firm footing but income levels nowhere near boom times.

Richard Nesbitt, CEO of the Global Risk Institute in Financial Services, speaks to IBTimes UK about the need to address gender diversity.

House prices grow 3.9% in the year to November, as annual rate of growth drops for the first time since July.

India is critical to the UK's plans to show that it can secure post-Brexit trade deals with non-European Union countries.

Rail fares are going up because the government is trying to shift the burden of subsidy from the state onto the passenger.

When it comes to finding the perfect job, new research suggests it's not all about the money.

Newly-formed company will own a stake in 12 of Britain's 20 supermalls and will have combined assets worth over £20bn.