UK Economy

Housebuilding grew in February at slowest pace since June 2013.

At least half of these new models will have hybrid engine technology.

Economists say increased borrowing can be curbed by raising interest rates.

Technology and the rising minimum wage will be the reasons for the same.

Competition from Aldi and Lidl has resulted in reduced sales for Tesco.

Net trade was another big drag on the economic growth, falling 0.4%, with production output dropping 0.5%.

Prime Minister David Cameron says the move is evidence of Aston Martin's confidence in the UK economy.

According to new research, 82% of employers plan to hire more permanent staff between now and May.

UK retail sales boosted by sales of winter clothes and computers.

Barclays, HSBC and Deutsche Bank also recently announced job redundancy plans.

Pernod Ricard to attract young Britons to its Jacob's Creek wine brand.

Air fares fell more than they did in the 12 months to January 2015, weighing down core inflation.

Employment market now candidate-led as 24% say they'd prioritise flexibility over salary, research shows.

CBI director Carolyn Fairbairn warns UK businesses being burdened by government.

Council of Mortgage Lenders says rate of mortgages in arrears is lowest since 2004.

Tesco estimates that it sells about one million flower bouquets every Valentine's Day.

UK industrial production fall is more than expected in Q3 as manufacturing output declined.

In November 2015, Ikea did not renew its contract with Hanergy, its Hong Kong-based solar panel supplier.

The move comes after Tidjane Thiam, CEO at Credit Suisse, asked the board to cut his bonus.

IFS fears slower pay growth as volatile markets blow huge hole into fiscal plans of chancellor George Osborne.

The United States ranked 51st and the UK ranked 54th on Bloomberg's 2016 misery index.

Research shows 60% of female workers in the UK are likely to be underpaid, compared with 40% of men.

Britain's economy will not be affected by global turmoil in 2016 but inflation is likely to grow just 0.3%.

The move is part of its parent company Centrica's July 2015 announcement to cut 6,000 jobs.

The research coincides with the Federation of Small Business' policy conference in London.

Other banks such as Barclays too have been on a cost cutting drive in recent years.

The move will affect 400 employees, who are being consulted for alternative roles with Tesco or other stores.

The three accounted for more than a fifth of the UK ticket sales in 2015.

The plane engine manufacturer boasts of clients such as Boeing Co. and Airbus Group.

The annual GDP growth added up to 2.2% in 2015, well below the 2.9% increase reported in 2014.