Business and Economics
Business and Economics News
UK ‘in recession’ as Bank of England hikes interest rates to highest since 2008
Bank bosses predicted a 0.1 per cent fall in GDP for the current quarter, meaning the economy is in a technical recession.
EU investors snap up British firms suffering from a ‘Brexit discount’
High inflation, low investment confidence and a weaker currency make the UK an attractive target for European suitors.
Bank of England set to unveil biggest hike in interest rates for over three decades
The meeting will tell us how worried policymakers are about the slide in sterling and other UK markets, one economist said.
‘Perfectly normal country’: Treasury refuses to publish UK economic forecast
“These forecasts are a vital indicator of the health of the nation’s finances," Mel Stride said.
Early results from groundbreaking four-day working week trial show ‘incredibly encouraging’ signs
The trial began in June.
‘Big Short’ investor has found his next target
After shorting regional malls, Daniel McNamara has moved onto something else.
Queen’s funeral may tip UK into recession
Business closures coupled with subdued consumer spending could put the UK on course for negative growth in the third quarter.
Ads encouraging British firms to relocate spotted at Eurostar terminals
Forget Brexit, UK businesses are now being offered 'Fix It' - in Belgium.
Britain at risk of a sterling crisis
There is "no evidence at all that (Liz) Truss and (Kwasi) Kwarteng understand the gravity of the situation".