Bank of England cut growth forecast

Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.

Serious possibility of raising interest rates

All eyes were on Britain’s election at the start of the month with many polls predicting a wide range of outcomes - from a slim majority for the Conservatives to a hung parliament. In addition, forecasts for UK economic growth were optimistic in early June.

All eyes were on Britain’s election at the start of the month with many polls predicting a wide range of outcomes - from a slim majority for the Conservatives to a hung parliament. In addition, forecasts for UK economic growth were optimistic...

Sterling surged over 2% percent against the Dollar and hit it’s highest levels since mid-December on 18th April, after British Prime Minister Theresa May surprised markets by calling an early parliamentary election for the 8th June.

Last week British Prime Minister Theresa May triggered Article 50 of the EU's Lisbon Treaty with a formal notification of Britain's intent to leave the bloc on this afternoon, kicking off a two-year period of exit talks. Most analysts said the...

Early on this month the number of jobs added to US non-farm payrolls in January soared to 227,000, Economists had expected a rise of 175,000 jobs during the last month, but the measure instead jumped to its highest point since July. However...

Manufacturing in the Eurozone started 2017 with a bang yesterday after figures showed the biggest ramp-up in production across the bloc for five years.The purchasing managers’ index (PMI) data for Eurozone factories reached 54.9, comfortably...

2016 will forever be remembered for the impact political unrest has had on the currency markets. Businesses involved in Foreign Exchange have all been impacted by the UK’s decision to leave the EU. A controversial celebrity being elected as...

In September The Bank of England revealed the details of its £10bn money-printing programme, in which it will buy high-quality company bonds. The central bank said it aimed to buy bonds so that its holdings were representative of the British...

A quarterly business survey by the CBI reveals optimism about the UK economy among British businesses has fallen at the fastest rate since January 2009. More than half of businesses surveyed said they were less optimistic about the business...


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