UK Economy

Around 13.4% companies increased their budgets in the 3rd quarter, up from 10.7% in the second quarter.

The government is under pressure to debate the terms of Brexit in parliament.

British currency saw another day of sharp declines against the dollar and other major currencies.

Statistics body ONS says service sector growth remained strong either side of the EU referendum polling date.

Roland Junck has credited employees at the long steel products firm for the turnaround.

The index has risen from -7 in August to -1 in September, the best monthly rise since June 2015.

The Institute for Government said time and energy was being wasted amid political quarrel and turf wars.

Boris Johnson's comments about the UK starting formal Brexit negotiations next year continue to hound sterling.

UK leapfrogs Japan, Hong Kong and Finland which were ranked higher last year.

Wolseley reported an 8.5% on-year increase in total revenues to £14.43bn for the year ended 31 July.

69% of the CEOs are confident the British economy will grow over the next year.

25% of firms surveyed expecting business volumes to grow at a moderate rate in the next quarter.

IBTimes UK meets several of the 455,000 EU nationals living in the British capital.

Forbes said the current interest rate of 0.25% was good enough to prevent the UK from slipping into recession.

This comes after many manufacturers in the UK expressed concerns about the industry post the Brexit vote.

OECD now forecasts the UK economy to grow by 1.8% this year, compared with 1.7% forecast pre-referendum.

ONS data shows borrowing fell by £0.9bn to £10.5bn but remained above analysts' expectations.

Outspoken boss of pub chain says political classes insulted the voting public's intelligence.

The good high street numbers have offset poor performance at UK's shopping centres and retail parks.

Most of the job cuts will be in the aircraft engine business, which has clients like Airbus and Boeing.

Microsoft had acquired Skype, the video chat and voice-call services company in 2011 for $8.5bn.

Economists Roger Bootle and John Mills say imports exceeding exports amid a costly sterling is a leading cause of the UK's large current account deficit.

Retail sales excluding petrol stations grow 5.9% in August, smashing analysts' forecast for a 4.8% gain.

Mark Carney is likely to hold fire when the Bank of England meets on Thursday, after cutting interest rates last month.

Anxiety about foreign investors' willingness to fund UK's current account deficit are premature, according to Fitch.

Assets of the richest 1% in the UK worth more than 20 times that of the poorest fifth.

The Chancellor has dismissed George Osborne's target of 15%, report says

Fox hinted that sanctions could be imposed on companies that fail to take advantage of new export opportunities.

Huge demand was seen for fintech jobs such as data engineers, data analysts and data scientists.

Britain's economy is in the midst of a slowdown and growth could fall even further, claims NIESR report.