manufacturing

UK manufacturing sector weaker than expected in July

UK manufacturing figures were downbeat in July, with the sector's purchasing managers' index falling to a three-month low of 54.0. This was down from 54.3...
imf

Trump’s trade war could cost global economy $430bn, warns IMF

The International Monetary Fund has warned that Donald Trump's trade tensions could cost the global economy $430 billion (£324 billion). IMF’s economic counsellor, Maury Obstfeld, said on Monday...
UK economy

UK economic growth rises 0.3pc

The latest data from the Office for National Statistics has shown growth in the UK economy. Warm weather and the royal wedding led to the...

High street sales fall fifth consecutive month

A new survey has revealed that high street sales have fallen for the fifth consecutive month. According to data released by advisory firm BDO, high...
house

UK house price growth falls to five-year low, says Nationwide

UK house price growth in June fell to the lowest rate in five years, according to Nationwide's monthly report. Annual price growth slowed to 2...
Sophos

Public borrowing reaches 13-year low

The Office for National Statistics has revealed a 13-year low in public sector borrowing. Public borrowing for May was £5 billion, £1.3 billion lower than expected by economists and...
Inflation

UK inflation holds steady at 2.4 percent

UK inflation unexpectedly remained at 2.4 percent in May, despite petrol hitting a three-year high. The latest consumer prices index (CPI) remained at 2.4 percent...
Sophos

Airline profits expected to take $5bn hit, warns research

The International Air Transport Association has released forecasts predicting a $5 billion (£3 billion) fall in profits for airlines in 2018. The IATA expects the 2018 collective...
UK construction

UK construction growth remains at 52.5 percent in May

UK construction growth figures remained at 52.5 percent in May, according to the latest purchasing managers' index (PMI) from IHS Markit. The construction sector continued...
IMF

Brexit: UK faces fall in business registrations

New figures have shown a decline in the number of French, Dutch and Belgian businesses registering in the UK following the results of the referendum. Companies...
zara

High Street spending drops at fastest rate since recession

New reports have revealed high street spending to fall at its fastest annual rate in six years, putting thousands of retail jobs at risk. According...
UK Retail

Retail sales drop sharpest rate since 1995

UK retailers have suffered the sharpest drop in sales since 1995 when the survey was first launched. The British Retail Consortium (BRC) and KPMG found...
gender pay gap

Theresa May pledges to tackle “burning injustice” of gender pay gap

Prime Minister Theresa May has pledged to tackle the "burning injustice" of the gender pay gap. In a piece in the Telegraph, Prime Minister May...
retail sales

UK retail sales hit by ‘Beast from the East’

UK retail sales were hit by the 'Beast from the East' in March, recording the weakest monthly figures since April 2013. Sales fell for the...
retail sales

Retail sales jump in February, but quarterly figures remain disappointing

Retail sales volumes jumped 0.8 percent in February, according to the latest figures from the Office for National Statistics, almost doubling analysts' expectations. The February...
Learning Technologies

US job growth surges in February, wage growth slows

The number of new jobs in the US surged in February, beating analysts expectations. The US saw 313,000 jobs created last month, the strongest gain...
retail sales

UK consumers’ salaries are being “swallowed” by higher food prices

The British Retail Consortium has said that consumers are spending more money on food and essential items, leaving less money for other goods. According to...
energy drinks, ban uk supermakets

UK supermarkets ban sales of energy drinks to under 16s

Children under the age of 16 won't be able to buy energy drinks at UK supermarkets, after many have expressed concerns over the high...
Sophos

One third of UK restaurants are making a loss, new study...

A new study by the accountancy firm UHY Hacker Young has found that over a third of the UK's top restaurants are now loss-making. The study found...
brexit

European companies setting up UK arms to continue trade post-Brexit

Hundreds of European businesses are setting up UK companies in order to mitigate the effects of Brexit, ensuring that they will continue to trade...