Result Page 50 for Latest Economy News & Archive

UK unemployment rate hits lowest level since July 2005

Number of unemployed people in the UK falls by 54,000 to 1.65m between March and May.

Asian stock markets trade mixed following IMF decision to cut UK growth forecast

Asian stock markets trade mixed following IMF’s decision to cuts UK growth forecasts

Taking a cue from mixed close on Wall Street overnight, Asian stocks move both ways.

Theresa May seeks frank and open talks with EU as she embarks on first Europe tour as UK PM

May insists she is determined for Britain to make a success of leaving the EU.

IMF cuts UK's economic growth forecast but Britain will still perform better than Germany and France

UK's economy expected to grow by 1.3% by end 2017, 0.9 percentage points lower than IMF's April forceast.

More news

EU Referendum: British Pound takes a beating amid Brexit fears

Brexit will bring slowdown but not recession, says PwC

Accountancy firm does not anticipate a crash in the UK housing market.

UK economy faces 'loss of momentum' following Brexit, think-tank warns

EY ITEM Club says unemployment could rise to 7% by 2019.

Bank of England Govenor Mark Carney hints at more post-Brexit stimulus

Bank of England has no urgent need to cut interest rates, says Martin Weale

Weale insists that BoE should wait for 'firmer evidence' before taking action

House prices slip after Brexit vote, says Rightmove

UK house prices fall below their usually low summer levels in the wake of the Brexit vote, says property website

Barring China, most Asian market gain as attempts of a military coup in Turkey fail

China's Shanghai Composite Index slips as other Asian stocks rise

Analysts say investors appear relieved over the failed coup bid in Turkey.

City of London financial district, London

Brexit is really bad news for UK, says fund manager

OMGI chief executive Richard Buxton expects UK economy to 'judder to a halt' in coming months.

Brexit Impact: Deloitte CFO Survey in the UK shows significant decline in corporate optimism and risk appetite

Brexit impact: Deloitte CFO survey shows significant decline in corporate optimism and risk appetite

About 73% of the CFOs are less optimistic about financial prospects.

FSB report reveals opportunity to double the number of UK small business exporters

FSB sees potential for doubling small business exporters

The European Union is the most favoured export destination for UK small businesses.

Brexit turmoil could cut investment banks' revenue by 11%

Boston Consulting Group says revenues from European equity markets could tumble by as much as 50%.

Kier Group says trading is in line with management expectations as portfolio simplification becomes priority

Construction sector falls sharply fuelling post-Brexit slowdown fears

Construction ouput eases amid mounting data that building in the UK slowed down in the run up to the Brexit vote.

Bank of England claims to have 'clear plan' to respond to Brexit

Bank of England must implement 'prompt and muscular easing' to balance Brexit impact

Andy Haldane says BoE must act to protect the economy and jobs from a downturn.

Venezuela: Army controls huge queues of people waiting to buy food and basic necessities

President Nicholas Maduro has instructed the armed forces to monitor long queues in case violence erupts.

UK Housing crisis: The Government must build 300,000 homes each year, Economic Affairs Committee says

UK housing crisis: Government should build 300,000 homes each year, says Economic Affairs Committee

Report suggests local authorities and housing associations should be given more freedom to build homes.

Most Asian stock markets trade higher following China's GDP report

China's Gross domestic product (GDP) expanded 6.7% on-year in the April to June period.

Chinese economy grows more than expected in second quarter

GDP rises 6.7% in the April to June period, the same pace of growth as in the prior quarter.

Commodities round-up: Gold slides as Bank of England holds fire on interest rates

UK monetary policymakers voted 8-1 in favour of holding fire on the interest rate front.

Bank of England holds interest rates at 0.5% against Brexit-led market expectations

UK central bank policymakers vote 8-1 to maintain the headline interest rate at current levels.

Britain is 'open for business', says new chancellor Philip Hammond

Hammond says Brexit economy will change but UK must retain access to single market.

Britain's new Chancellor Philip Hammond rules out post-Brexit emergency budget

Chancellor says there is a lot of work to do and government will release an Autumn statement as usual.

Most Asian stock markets trade higher amid the possibility of a Bank of England rate cut

Most Asian stock markets trade higher amid possibility of BoE rate cut in August

Singapore's Straits Times Index was halted amid duplicate trade confirmation messages getting generated.

Brexit: Bank of England and Treasury criticized by Economists for Brexit for official warnings before the referendum

Brexit: Bank of England and Treasury criticised for official warnings before the referendum

Economists for Brexit warn against 'danger of a self-fulfilling downward spiral'.

Bank of England announces contingency plan where it will provide billions to the financial system to prevent chaos from Brexit

Bank of England mulls interest rate cut to ease Brexit anxiety

Analysts polled by Reuters expect benchmark rate to be slashed to new record low of 0.25%.

Brexit vote triggers biggest ever drop in new homes coming to UK market

Demand for new homes falls to its lowest level since 2008.

Jean-Claude Juncker warns China it must cut steel production or be frozen out of WTO

China told bluntly its chances of getting market economy status directly related to its steel exports.

Commodities round-up: Silver rally continues as oversupply fears pummel oil futures

Precious metal continue to trade higher in contrast with oil futures predicament.

Greenpeace says China's coal power overcapacity crisis continues

Capacity utilisation in the first five months of 2016 has fallen by a further 10% from 2015's record lows.

Asian markets: Nikkei leads gains as Japanese Prime Minister’s ruling coalition wins Upper House elections

Asian markets trade higher following positive overnight close on Wall Street

Wall Street gained amid stimulus expectations from Japan and resolution of the UK political uncertainty.

FTSE 100 performance does not reflect our Brexit economic anxieties

With the UK's blue chip index at an 11-month high, can we seriously say that all Brexit fears have subsided?

Brexit will not affect US growth, IMF says

Washington-based lender keeps its US GDP growth forecast unchanged at 2.2% for this year.

Britons will have to save for 37 years before retiring

British workers are expected to save money for seven years longer than their predecessors.

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