British economy contracts for first time since 2012
Business investment shrank by 0.5% amid Brexit fears
- August 9, 2019 August 9, 2019
- 16:13
Business investment shrank by 0.5% amid Brexit fears
The bank forecasts economic growth of 1.3%—assuming the U.K. leaves the EU with a deal
Economists predict a recession if the U.K. leaves the EU without a deal in place
Automotive group issues dire warning about no-deal exit from the EU
A fall in the pound and more could be in the cards for Britain
The European Central bank isn't expected to pick up the pace of rate hikes
Eurozone economy expanded by 0.2% in Q3
The economy still expanded in Q3, but Q4 will remain challenging
Inflation across the U.K. was unchanged in the year to June, an unexpectedly low outcome that pushed the pound sharply lower Wednesday as traders wondered whether the Bank of England will opt against raising interest rates again next month. The Office for National Statistics said the annual inflation rate held steady at 2.4% in June, […]
With the global economy growing strongly, the Bank of England is growing more confident about Britain's near-term prospects