Result Page 9 for Latest Economy News & Archive

Global sovereign creditworthiness could 'brighten up' in 2018

New report says the gradual decline in sovereign creditworthiness over the past 10 years 'appears to have come to a halt.'

'Shared market' could benefit both UK and EU post Brexit, think tank says

Britain's Brexit Secretary David Davis and European Union's chief Brexit negotiator Michel Barnier hold a joint news conference marking the end of the third formal negotiation session in Brussels, Belgium

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.

Sugar industry likely to see record global production of 192m tonnes

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

Revealed: The day Britons stop working before Christmas

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

More news

Black Friday sales deliver huge boost to retail sector

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

Britons could begin Christmas holidays on 11 December if it wasn't for IT issues

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

UK unemployment rate holds at historic low but number in work falls for second month

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

Water bills to fall between £15 and £25 from 2020

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

Could the 'Bitcoin Rush' trigger the next financial crash?

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.

European cities under 'growing threat' from climate risks

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

Over 50% of Britons turn to loans and credit cards to fund Christmas shopping

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

Britain And EU Announced Key Brexit Deal

Advocates of Britain staying in the EU's customs union have a hidden agenda

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

UK faces losses of $140bn over coming decade if 'no-deal' Brexit goes through

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

UK inflation surges to highest level in over five-and-a-half years

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.

Revealed: Why Britain is among the cheapest countries for foreign workers

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

London house prices set to decline 2% in 2018

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

UK is the top destination for European jobseekers despite Brexit, study suggests

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

UK consumer spending falls for third consecutive month in November

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

Why companies will address the lack of gender diversity within the next 20 years

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

House price growth still above inflation, despite first decline in four months

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

Brexit: Why London is betting big on India

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

Nationalisation won't magically solve the problems of Britain's railways

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

Better than money? The top ten things we look for in a new job

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

Birmingham's Bullring owner snaps up rival to create £21bn retail behemoth

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

Britain ranks bottom on state pensions among advanced nations

Britons collect the equivalent of just 29% of what they earned at work on average when they turn 68.

Two million Britons see their bank accounts go into the red each month

StepChange charity warns that customers are stuck in a vicious circle of borrowing and constantly struggle to repay overdraft fees.

UK car industry hits the brakes as new registrations fall 11.2% in November

Confusion over the Government's policies towards diesel cars, see sales of diesel cars plunge 30.6% year-on-year.

House builders say government housing targets will not be met without EU workers

Nearly a fifth of all workers in house building sites across England are from the European Union, census reveals.

UK railways to ‘go paperless’ soon making paper tickets null and void

UK rail fares set for biggest increase in five years in January

Rail Delivery Group admits the increase is significant but vows to invest 97% of money from fares on improving services.

Black Friday fails to give expected lift to UK retailers

The BRC said retail sales rose 0.6% compared to a year earlier in November, following a 1% decline in October.

How much is the FA Cup worth? The finances behind football's oldest competition

Playing away against a Premier League club could give cash-strapped Football League clubs a financial lifeline.

Wine producer warns Britons could 'starve' without migrant fruit pickers

Frazer Thompson, chief executive of Chapel Down, says continued access to European labour after Brexit is crucial.

UK growth to remain muted amid Brexit uncertainty and high inflation, CBI says

The business lobby group expects Britain's gross domestic product to expand 1.5% in both 2017 and 2018 before weakening slightly to 1.3% in 2019.

Brexit has ruined 'Brand Britain', claims Fortnum & Mason boss

Company says it has struggled to recruit the 300 seasonal staff it normally requires around Christmas.

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