mark carney

Mark Carney: “Now is not the right time to raise rates”

Bank of England governor Mark Carney has said now is not the right time to raise rates, with the UK facing economic uncertainty from a...

Brexit: businesswomen less confident than male counterparts, new study finds

New research has found that less than half of female business owners are confident for their businesses post-Brexit. RateSetter Business Finance found that 21 percent...
savings

25pc of British adults have thousands saved in the bank –...

Nearly a quarter of British adults are hiding money from their partners, saving as much as £4,234 because they enjoy feeling financially independent or...
tourism

UK attracts record level of tourism as weak pound fuels visitor...

The UK attracted a record amount of tourists in April, as the weak sterling encouraged visitors to spend more on shops, hotels and restaurants. The number...
Greece

Eurozone ministers confirm further 8.5bn euro bailout for Greece

Greece have struck a deal to unlock a further 8.5 billion euros in bailout funds, ahead of the country's next loan repayment date in...
fed

US Fed hike rates for second time this year

The US Federal Reserve raised rates for the second time this year, bringing the key interest rate up to 1.25 percent. The Fed announced its...
Inflation

Rising inflation levels continue to stunt wage growth

Rising inflation levels continue to stunt wage growth in the U.K, according to the latest figures from the Office of National Statistics (ONS). Average earnings...
May

May under pressure as business confidence in the UK plummets

Theresa May's premiership continues to come under pressure following a dramatic election outcome last Thursday, with business confidence in the U.K sinking, according to...
UK

Pound and FTSE volatile in wake of inconclusive election

Markets had a volatile start to the week on Monday, as political uncertainty and a warning from ratings agency S&P took its toll on...
qatar

S&P lowers Qatar’s credit rating after Gulf countries cut diplomatic ties

The S&P ratings agency lowered Qatar's credit rating on Wednesday, in the wake of the decision by neighbouring countries to cut diplomatic and trade ties...
china MSCI

China trade data for May beats expectations

China reported better-than-expected trade date on Thursday, mitigating concerns of a slowdown in the Chinese economy. Exports rose 15.5 percent in May, with imports up 22.1 percent...
house prices

UK house prices growth continue to slow, says Halifax

UK house prices continue to stagnate in May, according to newly released data from Halifax. In the year to May house price inflation fell to...
jobs

Almost 10 million Britons employed in ‘gig economy’, says union

According to the GMB union, almost a third of the UK workforce are employed in the gig economy, without access to secure employment. Those in...

UK car registration sales fall 8.5pc in run up to election

The number of new British car registrations fell by 8.5 percent from a year earlier. According to the Society of Motor Manufacturers and Traders (SMMT), buyers...
uk growth

UK drops to bottom of G7 growth table, on a par...

The UK's economic growth is slower than every other advanced economy in the G7, with its meagre 0.2 percent rate putting it on a...
roaming charges EU

Eurozone manufacturing grew again in May, led by Germany

Eurozone manufacturing grew at its strongest pace in over six years in May, alleviating fears of a slowdown in the wake of Brexit. The Eurozone's final...
china MSCI

China manufacturing activity rises in May, mitigating slowdown fears

China's manufacturing and services sectors grew at a faster than expected pace in May, mitigating fears of a slowdown in the world's second largest...
fed

US consumer spending boosted in April, dispelling slowdown fears

US consumer spending recorded a boost in April, mitigating fears of an economic slowdown after disappointing figures for first quarter. Consumer spending increased by 0.4...
general election

General Election 2017: economic policy comparison

With the surprise General Election fast approaching, all parties have now released their manifestos - each of which contains a plan for the economic...
UK

UK economic growth revised down

The UK economic estimate has been revised by the Office for National Statistics (ONS), after a slower-than-expected start to the year for the British...