Tuesday, 25 January 2022

Tag Archives: UK economy

UK in pictures 2016

In January, singer David Bowie, one of the most influential musicians of his era, died of cancer at the age of 69. Fans laid flowers in the singer’s memory at a mural in Brixton and some months later the council announced it was to be listed to ensure its long-term ...

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Brexit will send UK down global economic ranking: Study

LONDON: Britain’s exit from the European Union will send the country from fifth place to eighth in the global economic ranking in the next 15 years, a new economic analysis has found. The country’s economic prospects will be damaged by Brexit’s negative impact on the value of the pound, analysts at ...

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UK third quarter GDP growth revised up to 0.6%

LONDON: The UK economy grew by 0.6% in the third quarter, according to official figures, faster than previous estimates. Growth for the July-to-September period had originally been estimated at 0.5%. New data from the Office for National Statistics (ONS) suggested that the business and financial sector was more active than ...

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UK house price growth will slow to 3% in 2017, say surveyors

LONDON: UK house price growth will slow in 2017 but the legacy of insufficient housebuilding will mean that demand will outstrip supply and lead to a 3% rise over the year, surveyors have predicted. Although the most bullish housing market forecast for the new year released so far, the Royal ...

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Britain and Pakistan to increase trade ties

ISLAMABAD: Britain is in talks to boost trade and cooperation with Pakistan, Foreign Minister Boris Johnson said on Thursday, part of London’s efforts to improve trade links with emerging market countries. Britain has been seeking to bolster global trade ties following its June referendum vote to leave the European Union, ...

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UK economy “resilient” despite £122bn hit to finances

The UK economy is forecast to be £122bn worse off by 2020 than previously thought, the Autumn Statement shows. Chancellor Philip Hammond also said growth predictions had been cut as a result of the Brexit vote but vowed to make the UK economy “resilient”. As widely expected, he unveiled a ...

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