Economy


UK Faces Losses Of $140bn Over Coming Decade If 'no-deal' Brexit Goes Through

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Think tank says Britain will be worse off economically under most post-Brexit scenarios, especially if it exits the EU w... Read more

UK Inflation Surges To Highest Level In Over Five-and-a-half Years

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Bank of England Governor Mark Carney to write a letter to the Chancellor explaining why price growth is so far above the... Read more

Revealed: Why Britain Is Among The Cheapest Countries For Foreign Workers

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The annual ECA's Cost of Living Index found Luanda replaced Tokyo as the most expensive city for expat workers. Read more

London House Prices Set To Decline 2% In 2018

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Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018. Read more

UK Is The Top Destination For European Jobseekers Despite Brexit, Study Suggests

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Nearly a third of those looking for a job in another country preferred Britain as their top work destination. Read more

UK Consumer Spending Falls For Third Consecutive Month In November

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Consumer spending fell 0.9% compared to a year earlier following a 2.1% drop in October, Visa and IHS Markit said. Read more

US Unemployment At 17-year Low But Wage Growth Remains Painfully Slow

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Jobs report makes clear the US economy is on a firm footing but income levels nowhere near boom times. Read more

House Price Growth Still Above Inflation, Despite First Decline In Four Months

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House prices grow 3.9% in the year to November, as annual rate of growth drops for the first time since July. Read more

Brexit: Why London Is Betting Big On India

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India is critical to the UK's plans to show that it can secure post-Brexit trade deals with non-European Union countries... Read more

Birmingham's Bullring Owner Snaps Up Rival To Create £21bn Retail Behemoth

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Newly-formed company will own a stake in 12 of Britain's 20 supermalls and will have combined assets worth over £20bn. Read more

Britain Ranks Bottom On State Pensions Among Advanced Nations

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Britons collect the equivalent of just 29% of what they earned at work on average when they turn 68. Read more

Two Million Britons See Their Bank Accounts Go Into The Red Each Month

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StepChange charity warns that customers are stuck in a vicious circle of borrowing and constantly struggle to repay over... Read more

UK Car Industry Hits The Brakes As New Registrations Fall 11.2% In November

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Confusion over the Government's policies towards diesel cars, see sales of diesel cars plunge 30.6% year-on-year. Read more

House Builders Say Government Housing Targets Will Not Be Met Without EU Workers

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Nearly a fifth of all workers in house building sites across England are from the European Union, census reveals. Read more

UK Rail Fares Set For Biggest Increase In Five Years In January

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Rail Delivery Group admits the increase is significant but vows to invest 97% of money from fares on improving services. Read more

Wine Producer Warns Britons Could 'starve' Without Migrant Fruit Pickers

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Frazer Thompson, chief executive of Chapel Down, says continued access to European labour after Brexit is crucial. Read more

UK Growth To Remain Muted Amid Brexit Uncertainty And High Inflation, CBI Says

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The business lobby group expects Britain's gross domestic product to expand 1.5% in both 2017 and 2018 before weakening ... Read more

China Criticises US Opposition To WTO Market Economy Status

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US support the European Union in its stance in opposing giving China market status, which has angered Beijing. Read more

Brexit Has Ruined 'Brand Britain', Claims Fortnum & Mason Boss

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Company says it has struggled to recruit the 300 seasonal staff it normally requires around Christmas. Read more

British Consumers 'resolutely Gloomy' About Economic Outlook As Confidence Plummets

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GfK consumer confidence index falls to -12 in November, the lowest level since immediately after Brexit vote. Read more