Financial Services, Industries
November 3, 2022
Via: The Wall Street JournalThe Bank of England raised its key interest rate by 0.75 percentage point on Thursday, its largest rise since 1989, as it fights a surge in inflation from rising energy prices even as the U.K. economy slides into an expected […]
Financial Services, Industries
August 4, 2022
Via: ABC NewsThe Bank of England projected Thursday that the United Kingdom’s economy will enter a recession at the end of the year as it hiked interest rates by the largest amount in more than 27 years, pushing to tame accelerating inflation […]
August 1, 2022
Via: Sky NewsThe S&P Global/CIPS UK Manufacturing PMI scored 52.1 in July – the lowest for 25 months and down from 52.8 in June. Any number above 50 is seen as growth, so it means that the sector is still growing, albeit […]
October 19, 2021
Via: The Wall Street JournalThe global upswing in trade is leaving the U.K. behind, an early sign of the challenge Brexit is presenting its economy. The U.K. formally began its new relationship with the European Union Jan. 1. Before then, and before the Covid-19 […]
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