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Brexit will cost UK workers 470 pounds a year, study predicts

Britain is becoming a more closed economy due to Brexit, with damaging long-term implications for productivity and wages which will leave the average worker 470 pounds ($577) a year poorer by the end of the decade, a study forecast on Wednesday.
A man shops for fruit and vegetables in Brixton, London

UK Inflation Hits 40-year Record, Highest In G7

Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and underlining the severity of the cost-of-living crunch.
British International Trade Secretary Trevelyan meets with Mexican Economy Minister Clouthier in London

Britain Launches Free Trade Talks With Gulf Countries

Britain will launch talks over a new free trade deal with six Gulf states including Saudi Arabia on Wednesday and charities warned it not to ignore human rights in its latest bid to grow non-EU ties after Brexit.