UK Economy News
CNBC
11/7/2022 8:35:40 AM
UK Minister Visits Taiwan for Talks to 'Future-Proof' Economy
(Bloomberg) — UK Trade Minister Greg Hands is holding talks with Taiwanese officials to “future-proof” Britain’s economy in the coming decades, as Rishi Sunak’s administration looks to take a harder s.. read more
CNBC
10/25/2022 12:46:39 PM
From a Failing UK Economy to Party Rifts: Sunak's Uphill Battle
(Bloomberg) — As Rishi Sunak becomes the UK’s third Conservative prime minister within just four months, the role is increasingly looking like a poisoned chalice.
His victory on Monday puts him in ch.. read more
CNBC
10/22/2022 5:07:32 PM
Charting the Global Economy: UK Recession Awaits Truss Successor
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Escalating inflation, higher borrowing costs and a likely recession are in store for Liz.. read more
CNBC
10/18/2022 3:29:36 PM
Ryanair boss O'Leary blames Brexit for UK economy woes
ROME — Ryanair boss Michael O’Leary described the current economic situation in Britain as a “car crash” which he blamed on the country’s decision to leave the European Union.
“The mini budget was a .. read more
CNBC
10/12/2022 1:30:42 PM
UK economy unexpectedly shrinks in August, falls by 0.3%
ONS figures showed that real wages in the U.K. over the three months to May experienced their steepest decline since records began in 2001.
Britain's economy shrank by 0.3% in August, hit by weakness.. read more
CNBC
10/12/2022 2:30:47 PM
UK economy on brink of recession as it shrinks in August
LONDON — Britain’s economy looks set to go into recession as data showed it unexpectedly shrank in August, underscoring the challenge for Prime Minister Liz Truss to make good on her promises to speed.. read more
CNBC
10/1/2022 4:36:09 PM
Charting the Global Economy: UK Turmoil; Hurricane Ian Hits US
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The turmoil in the UK rocked global markets this week as Liz Truss’s government signaled.. read more
CNBC
9/30/2022 2:08:01 PM
UK Economy Averts Immediate Recession With 0.2% Expansion
(Bloomberg) — The UK government has been spared the prospect of a summer recession after a surprise increase in second quarter GDP.
The 0.2% growth in the three months to June was a sharp improvement.. read more
CNBC
9/30/2022 1:58:44 PM
UK economy still below pre-pandemic size, underscoring challenge for Truss
LONDON — Britain’s economy unexpectedly grew in the second quarter but was below its pre-pandemic peak, contrary to an earlier estimate that it had recovered, according to data that showed the scale o.. read more
CNBC
9/30/2022 1:29:20 PM
UK economy grew in Q2 but was below pre-pandemic size
LONDON — Britain’s economy grew in the second quarter but was still below its pre-pandemic peak, contrary to earlier estimates that it had recovered, according to official data which also showed the c.. read more
Market Watch
9/30/2022 1:18:00 PM
UK Economy Grew Slightly in Second Quarter
The U.K. economy grew marginally from April to June, but is expected to contract in the coming quarters as the cost-of-living crisis and higher interest rates weigh on consumers and businesses.
U.K. .. read more
Investing
9/29/2022 11:06:00 PM
Fed's Bullard doesn't see UK situation affecting U.S. economy By Reuters
(Reuters) - The U.S. economy is mostly insulated from turmoil in UK markets, St. Louis Federal Reserve President James Bullard said on Thursday, a day after the Bank of England resumed its bond-buying.. read more
Fox Business
9/29/2022 6:57:40 PM
Putin's economy to take a hit following mobilization order, acceleration of 'brain drain': UK intel
Russia's economy could take a hit as hundreds of thousands of its male working force have fled the country following Russian President Vladimir Putin’s conscription order, the U.K. defense ministry sa.. read more
CNBC
9/27/2022 9:53:53 PM
UK Labour leader accuses government of trashing economy
LIVERPOOL, England (AP) — The leader of Britain’s main opposition Labour Party accused the governing Conservatives of losing control of the economy and promised Tuesday to take the U.K. out of an “end.. read more
CNBC
9/24/2022 12:29:04 AM
Liz Truss's Historic Gamble With the UK Economy Is Already Unraveling
(Bloomberg) — Liz Truss’s plan for growth, melding the biggest tax giveaway in half a century with Thatcherite deregulation, is a straight up gamble with Britain’s future, and even before her chancell.. read more
CNBC
9/27/2022 3:21:41 PM
Pound stabilizes but turmoil continues for UK economy
LONDON (AP) — The British pound stabilized in Asian trading on Tuesday after plunging to a record low a day earlier, as the Bank of England and the British government tried to soothe markets nervous a.. read more
CNBC
9/12/2022 2:05:30 PM
UK economy shows signs of strain from surging prices
LONDON — Britain’s economy grew by less than expected in July, with a fall in power production possibly reflecting the sharp climb in energy tariffs and the construction sector also hit by the leap in.. read more
CNBC
9/12/2022 1:17:18 PM
UK economy grows by less than expected in July, power output falls
LONDON — Britain’s economy grew by less than expected in July when it expanded by 0.2% from June with a fall in power production possibly reflecting higher energy tariffs, official data showed on Mond.. read more
CNBC
9/10/2022 4:33:33 PM
Charting the Global Economy: ECB Joins Jumbo Rate-Hike Club
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The European Central Bank delivered an unprecedented three-quarter-point interest-rate h.. read more
CNBC
9/9/2022 8:58:59 PM
EU Agrees on Urgent Push to Devise Energy Intervention Steps
(Bloomberg) — European Union energy ministers said Friday that the bloc’s executive arm should deliver urgent proposals to provide liquidity to energy traders clobbered by massive margin calls and to .. read more
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Intersting Reads
TNW
5/26/2023 2:45:14 PM
‘Digital bridge’ between brain and spine enables paralysed man to walk again
Over a decade ago, a cycling accident left Gert-Jan Oskam paralysed after causing him a spinal cord injury. Now, he’s able to stand and walk again thanks to an innovative brain-spine interface (BSI) d.. read more
TechCrunch
11/10/2022 2:00:15 AM
VC investors and startup founders see hope in the red wave that wasn't
Janna Meyrowitz Turner’s biggest concern going into the U.S. midterm elections was that more than half of American voters had an election denier on their ballot.
She was quite nervous, alongside pund.. read more
ESPN CricInfo
11/7/2022 5:42:03 AM
Arsenal go top as Chelsea beat Manchester United in WSL
Manchester United conceded their first goals of the season in a 3-1 loss at home to Chelsea that allowed Arsenal to go top of the Women's Super League on Sunday thanks to a 4-0 thrashing of bottom sid.. read more