UK economy down 2% in Q1 on March record fall as Covid-19 hit hard
The economy of the United Kingdom (UK) took a two percent (2%) dive in the first quarter of 2020 as the coronavirus crisis saw
Tech giants to boost UK economy with 1,600 jobs
The UK is set to benefit from 1,600 new tech jobs as part of a £2.3bn investment from private companies including cloud giant
UK technology sector expanding three times faster than economy
The UK’s digital sector is expanding 2.6 times faster than the rest of the economy, says a new report. According to the latest annual
Eurozone GDP slows, but beats UK economy
The Eurozone’s economy slowed during the first quarter of 2018, according to a report by Eurostat. Eurostat had recorded an
UK economy slows at 0.1% in Q1 2018, lowest q-on-q growth since 2012
The British economy grew at its slowest quarterly rate in more than five years at the start of 2018, according to a preliminary
UK wage growth outstrips inflation as analysts see rate hike likely in May
Average wage growth in the UK in the three months to the end of February surpassed inflation for the first time in over a year,
UK manufacturing activity softens in early 2018- Survey
Britain’s manufacturers saw activity soften in early 2018 according to the latest survey snapshot of the sector. The Purchasing
UK remained world’s slowest-growing major economy in 2017 with 0.4% GDP, official figures confirm
The UK remained the world’s slowest-growing major economy at the end of last year, according to new figures which leave GDP
Unemployment rises for first time in UK since 2016
Unemployment has increased by the biggest amount in almost five years, while earnings continue to grow more slowly than prices, new
No solution in sight for UK’s productivity crisis as small businesses say it is not a priority
Hopes that a “dynamic movement” among small firms could solve the UK’s prolonged productivity crisis have been dashed after