UK Economy

Decline in candidate availability has led to upward pressure on pay.

The UK attracted $50m or 1.8% of its GDP as FDI in 2015.

The powerhouse services sector slows, but the UK economy still shows signs of strong growth.

France, Ireland and the Netherlands also witness a surge in new job seekers.

Total number of new homes registered in 2016 fell year-on-year by a marginal 2% to 151,687.

BoE now expects UK economy to grow 2% in 2017, compared with November's 1.4% forecast.

The government believes this expansion will be worth £61bn to the UK economy over 60 years.

This decline was greater than the 1.4% fall seen in December 2016.

The 1.7% growth forecast for 2017 however is higher than the 1% initially forecast in August 2016.

The negative reading comes amid Brexit uncertainty, Blue Monday and a weak pound.

When Britain voted to leave the European Union on 23 June 2016, the city of Frankfurt embraced the result with mixed feelings.

However, consumer confidence among 18 to 34 year-olds was at record highs.

Consumer confidence rose to 110.3, the greatest rise since September 2016, when it stood at 111.5.

This comes even as income tax paid overall since 2009 has increased by £23bn.

Office for National Statistics estimates the UK economy grew 2% in 2016 as a whole, down from 2.2% in 2015.

Scotch whisky industry employs 40,000 people nationwide and delivered a £3.7bn boost to Britain's trade deficit in goods.

Senior executives from both companies said that they would move certain businesses to other countries in Europe.

While 29% of exporting small firms believe exports would decline amid Brexit, 20% expect it to increase.

Public borrowing falls less than expected in December but remains 14% lower year-on-year in first nine months of 2016-17.

Companies may not opt to move to Amsterdam as the Netherlands has a cap on bonuses paid to bosses.

Dollar declines against main rivals after US president hints at protectionist policies to 'put America first'.

Shell, HSBC and GlaxoSmithKline were the top three dividend paying companies in 2016.

Only 10% of firms were found to be more optimistic as compared to the 45% that were less optimistic.

While Morgan Stanley is expected to shift around 1,000 UK jobs, Citigroup's number stands at about 100.

Rising inflation and Black Friday sales saw shoppers keep their hands in their pockets over Christmas.

Apart from benefiting passengers, the project is expected to help the economy by creating several jobs.

Number of unemployed people in the UK declines to 1.60 million as unemployment rate remains at 4.8%.

The new staff will be employed across software engineering, behavioural economics and algorithm development.

But the proportion of businesses expecting to increase investments over the next year has declined.

The Oxford Economics and Baker McKenzie study, however, said M&A activity would rise moderately in subsequent years.