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Posted 16/11/2022

UK Inflation Soars to New 41-Year High of 11.1%

Headline inflation in the United Kingdom surged faster than expected to a 41-year high...

Posted 11/11/2022

UK on the Verge of Recession as 3Q Economy Contracts 0.2%

The United Kingdom is on the verge of entering recession after data showed a...

Posted 04/11/2022

UK Central Bank Hikes Rates by 75 Bps, Its Biggest Raise in 33 Years

The Bank of England hiked interest rates by the most since 1989 on Thursday...

Posted 03/11/2022

UK October Final Services Slump at Fastest Pace Since 2021

A private survey on Thursday highlighted the difficult days ahead for the UK's economy...

Posted 03/11/2022

Rishi Sunak Plans to Extend Windfall Taxes on Energy Firms after Strong Earnings in 3Q

Rishi Sunak, the British prime minister, and Jeramy Hunt, the finance minister, were planning...

Posted 26/10/2022

Heathrow Warns Traffic Not Returning to Pre-Covid Level for Several Years

Heathrow Airport, the biggest airport in Britain, announced on Wednesday (October 26) that in...

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