Lloyds Bank

UK wealth exceeds £10tn, sparking further debate over inequality

The UK's total wealth jumped once again in 2016, underlining recent concerns about the increasing gap between the rich and poor in Britain. According to...

New car sales fall 20pc amid Brexit uncertainty and petrol ban

The Society of Motor Manufacturers and Traders have reported a fourth consecutive fall in new car sales, blaming Brexit uncertainty and the governments crack down...

RBS returns to profit and eyes Amsterdam for post-Brexit hub

Royal Bank of Scotland (LON:RBS) has said it is considering moving its post-Brexit EU hub to Amsterdam.  The lender had also announced a return to...

Companies reveal dent in profits following Ukraine cyber attack

The effects of Ukraine's cyber attack are still being felt throughout the country, with corporate offices, factories and shipping ports reporting poor quarterly results. The June...
bank of england

Super Thursday: Bank of England keep rates on hold at 0.25pc

The Bank of England's Monetary Policy Committee voted against hiking rates on Thursday, keeping benchmark interest rate at record low of 0.25 percent. The vote...
microapartment

2017: The year of the ‘microapartment’ in London

Londoners are increasingly choosing better transport links and a more central location over square footage, signalling the rise of the 'micro apartment' in the...
growth

UK economic growth picks up in Q3

The UK economy appeared to pick up pace in the second quarter of the year, with gross domestic product growing at 0.3 percent in...
supermarket

Supermarket price inflation steadies; Lidl and Aldi continue to own the...

Grocery price inflation is finally starting to decelerate, according to the latest figures from Kantar Worldpanel, after months of increasing prices. Inflation and good weather...
shrinkflation

Over 2,500 household goods hit by ‘shrinkflation’, says ONS

Over 2,500 every day household products have shrunk in size over the past five years but continue to be sold for the same price,...
IMF

IMF downgrades UK and US growth figures on ‘weaker than expected’...

The International Monetary Fund has downgraded its growth forecasts for both the US and the UK, after "weaker than expected" activity over the past...
Ecb

ECB keeps interest rates at record low, QE to continue “for...

The European Central Bank left interest rates at their record low of 0.0 percent after their monthly meeting on Thursday. The ECB chose to keep...
retail sales

Hot weather helps UK retail sales rebound in June

Retail sales volumes rose in June, boosted by sunny weather and increased demand for seasonal clothing. Retail sales volumes rose by 0.6 percent month-on-month in...
£10

New £10 note featuring Jane Austen set to be unveiled

The new £10 note design featuring famed novelist Jane Austen is set to be revealed later on Tuesday. Jane Austen is to become the second...
Inflation

Inflation unexpectedly falls to 2.6 percent

UK inflation levels fell unexpectedly to 2.6 percent in June according to official figures, marking the first drop since October. According to the latest figures...
brexit

Which areas stand to suffer most from Brexit?

As Brexit negotiations begin in earnest, the future of the EU and Britain's relationship still remains unclear. However, one thing is for certain: if Britain...
china MSCI

Chinese growth beats expectations at 6.9pc

The Chinese economy grew at a rate of 6.9 percent in the second quarter, a faster pace than expected and above the government's growth target. The...

The Taylor Review: job insecurity must be addressed within the gig...

Matthew Taylor, the government's employment reviewer, has said that employment in the UK should be "fair and decent" - paying particular attention to the...
immigration

Tighter immigration from EU8 countries likely to affect UK industries

Tighter immigration rules in the wake of Brexit are likely to have a significant effect on several British industries, with far more EU8 citizens...
construction

Manufacturing and construction sectors ‘weak’ in May, trade deficit widens

Activity in both the UK's manufacturing and the construction sectors fell in May, suggesting that several key economic figures have been impacted by continued...
brexit SME

British small business owners upbeat post-Brexit, despite voting Remain

British small businesses are upbeat about the effect of Brexit on industry, despite over half initially voting to remain in the European Union. According to...