Home
> UK Economy
UK Economy
Transparency International ranks the UK as 10th least corrupt country in the world
Denmark, Sweden, Finland, New Zealand and Norway are among other nations in the least corrupt list.
Bloomberg lists innovative UK start-ups to watch in 2016
53 UK start-ups are listed in the Business Innovators 2016 guide.
UK jobs: Firms to increase hiring in 2016 according to Robert Half
Businesses operating in the financial services industry are particularly keen to hire.
Asda could cut more than 1,000 jobs and close its staff canteens and other services
An Asda spokesperson said 2015 was a tough year for all UK supermarkets.
UK unemployment falls to lowest level in a decade at 5.1%
Office for National Statistics said unemployment hit lowest level in 10 years in fourth quarter.
UK consumer inflation grows by 0.2% in December as it hits 11-month high, says ONS
Inflation grows but remains largely in line with economists' expectations as CPI climbs by 0.2% year-on-year.
UK business outlook: Economy and political uncertainty the main worries for 2016
Research finds over 30% of British companies expect economic conditions to threaten their business this year.
Asda to cut 'hundreds' of jobs at Leeds headquarters following weak Christmas
While Sainbury's benefitted, Tesco and Morrisons too saw poor sales during Christmas.
UK economy to grow strongly in 2016 despite global slowdown, EY says
Higher household budgets, increase in house prices and bigger consumer spending to boost UK economy this year.
Waitrose to speed-up payments to smallest suppliers
Waitrose takes three times longer than Tesco to pay some of its vendors.
Bank of England keeps interest rates unchanged at record low level
Interest rates remain at 0.5% after BoE voted 8-1 in favour of not opting for an increase.
Travelodge to create 450 new jobs by going on £140m hotel expansion spree
The first new branch of UK's budget hotel chain will be opened at Weston-super-Mare in the spring.
Growth in UK permanent starting salaries slides to two-year low in December
Slowdown in salary growth could put BoE under pressure ahead of January meeting.
Blue Inc to axe around 500 jobs and close 60 stores
The move is part of a restructuring drive Blue Inc has undertaken to tackle poor sales growth.
UK debt bubble: Families borrowing to get essentials puts debt at highest for five years
Consumer credit and student loans reached a record £319bn in the third quarter of 2015.
McLaren to recruit 250 staff to meet demand for its 200mph sports cars
This move is further indicative of the growing health of the UK automotive industry.
Chancellor George Osborne warns UK economy not out of the woods yet amid China rout
Chancellor handed £27bn boost last year but warns of 'cocktail of threats' facing UK economy.
Britain faces shortage of engineering skills says shipbuilder Cammell Laird
Cammell Laird has warned that the shortage of skilled workforce will make it difficult for the company to grow.
UK bank lending grows at fastest pace since 2007 says British Bankers' Association
BBA data showed strong growth of mortgage loans, as Bank of England credited economic recovery for the surge.
UK tipped to become world's fourth-largest economy in 2030s
Japan's weak economy and Germany's ageing population are expected to lower their rankings, according to CEBR.
What's the price of Britain? Try £8.1tn
Residential houses constitute over 60% of the price tag, according to the Office for National Statistics.
GDP: UK economic growth shrinks to 0.4% as net trade weighs down recovery
The current account deficit remained high at 3.7% of GDP in Q3, while the labour market looks encouraging.
London calling: UK capital lures Indian companies to invest in city
London encourages growing Indian companies to set up headquarters in city to accentuate global ambitions.
Bear fruit snacks maker Urban Fresh Foods acquired by Belgium's Lotus Bakeries for £70m
The deal indicates a growing interest from overseas companies in British food companies.
UK housing crisis: Prices to jump 50% in next 10 years says CEBR report
The average price of a house in the UK is expected to be £419,000 by 2025.
More than a thousand UK charity employees are paid six-figure salaries
About 1,080 executives across 390 organisations in the UK receive salaries of at least £100,000 annually.
John Allan: Small businesses are driving innovation within the service sector
The role of small businesses in terms of generating growth cannot be overstated.
UK wages grow at slowest pace since first quarter of 2015 as unemployment drops again
The employment rate jumped to 73.9%, from 73.6% between June and August 2015.
Rolls-Royce to axe heads of its aerospace, land and sea divisions
The move is among the first steps of a programme to simplify processes at the company.
CPI: UK swings into positive inflation as food and transport prices drag less
Hotels and restaurant prices saw a more significant increase as well as tobacco and alcohol.