UK Economy

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.

Denmark, Sweden, Finland, New Zealand and Norway are among other nations in the least corrupt list.

53 UK start-ups are listed in the Business Innovators 2016 guide.

Businesses operating in the financial services industry are particularly keen to hire.

An Asda spokesperson said 2015 was a tough year for all UK supermarkets.

Office for National Statistics said unemployment hit lowest level in 10 years in fourth quarter.

Inflation grows but remains largely in line with economists' expectations as CPI climbs by 0.2% year-on-year.

Research finds over 30% of British companies expect economic conditions to threaten their business this year.

While Sainbury's benefitted, Tesco and Morrisons too saw poor sales during Christmas.

Higher household budgets, increase in house prices and bigger consumer spending to boost UK economy this year.

Waitrose takes three times longer than Tesco to pay some of its vendors.

Interest rates remain at 0.5% after BoE voted 8-1 in favour of not opting for an increase.

The first new branch of UK's budget hotel chain will be opened at Weston-super-Mare in the spring.

Slowdown in salary growth could put BoE under pressure ahead of January meeting.

The move is part of a restructuring drive Blue Inc has undertaken to tackle poor sales growth.

Consumer credit and student loans reached a record £319bn in the third quarter of 2015.

This move is further indicative of the growing health of the UK automotive industry.

Chancellor handed £27bn boost last year but warns of 'cocktail of threats' facing UK economy.

Cammell Laird has warned that the shortage of skilled workforce will make it difficult for the company to grow.

BBA data showed strong growth of mortgage loans, as Bank of England credited economic recovery for the surge.

Japan's weak economy and Germany's ageing population are expected to lower their rankings, according to CEBR.

Residential houses constitute over 60% of the price tag, according to the Office for National Statistics.

The current account deficit remained high at 3.7% of GDP in Q3, while the labour market looks encouraging.