Consumers and businesses spurred UK economy

2016-08-26 12:30

UK consumers have stepped up their spending in the second quarter and businesses increased investment as the economy showed few signs of reticence.

UK consumer boom set to flag as Brexit ignites inflation

2016-08-25 14:30

For UK consumers, the good times might not keep rolling, as quickening inflation looks set to erode almost two years of real-wage growth

Brexit may cut tax revenue by 13%

2016-08-23 13:45

Brexit will hit the Scottish economy and cut the semi-autonomous government’s tax revenue by as much as 13% by 2030, says First Minister Nicola Sturgeon’s admin.

Eurozone shrugs off Brexit as key index edges up

2016-08-23 12:30

The eurozone economy has maintained its momentum in August, with growth showing little sign of being curtailed by fallout from the UK’s Brexit vote.

UK urged to boost infrastructure spending

2016-08-22 14:41

Britain’s biggest banks are urging Prime Minister Theresa May to increase spending on infrastructure projects to stave off a Brexit-induced slump.

UK economic stamina not assured after Brexit resilience

2016-08-22 11:12

While the new data suggest the UK is shrugging off economists’ warnings about post-Brexit turmoil, a chief economist says it’s too early to be definitive.

UK retail sales surge despite Brexit concern

2016-08-18 11:44

UK retail sales have unexpectedly surged in the month after a Brexit voted, as hot weather bolstered sales of clothing and footwear.

Europe is 'humiliating' Ankara - Turkish FM

2016-08-15 09:45

Turkish Foreign Minister Mevlut Cavusoglu accused the European Union of "humiliating" Ankara, and reiterated his government's demand for visa-free travel in exchange for stemming the migrant flow.

Eurozone economy cools, Germany helps pre-Brexit momentum

2016-08-12 12:15

Eurozone growth has slowed in line with economists’ forecasts, leaving the currency bloc vulnerable to any fallout from Britain’s vote to leave the European Union.

Turkey open to conditional terror law talks

2016-08-11 17:06

Turkey's ambassador to the EU says Ankara would be willing to modify its anti-terror law if Turkish citizens are guaranteed visa-free travel in Europe in coming months.


Changing mood in Europe a year after Austria migrant disaster

2016-08-26 10:54

The gruesome discovery of 71 dead migrants in a truck in Austria last August shocked Europe and led countries to open their borders to a massive influx of people fleeing war and poverty. But a year on, the mood in Europe has changed.

Merkel backs Italian PM over EU budget rules

2016-08-23 15:13

German Chancellor Angela Merkel gave strong backing to Italian premier Matteo Renzi, suggesting she could be flexible over EU budget rules as Rome grapples to kickstart its stalling economy.

UK factories reap export benefits of Brexit’s drag

2016-08-23 13:15

UK manufacturers are starting to see the benefits of the pound’s decline, with export orders posting their best performance in two years.

Merkel says the EU faces enormous challenges

2016-08-22 22:03

German Chancellor Angela Merkel has said that the European Union has been facing "enormous challenges" and needs to work together.

Brexit worsens UK energy supply risk

2016-08-22 14:00

Britain’s decision to leave the European Union may push back its planned exit from coal, a mainstay in the nation’s energy supply for more than a century.

50 migrants rescued after being stranded off Greece

2016-08-19 13:40

Around 50 migrants were rescued after their boat ran aground off Greece's southwest coast, police said, after an uptick in arrivals.

UK jobs market shows resilience for now

2016-08-17 15:46

Britain’s labour market isn’t cracking under the weight of Brexit yet.

EU observers report good turnout for Zambian polls

2016-08-13 13:31

The EU election observation mission has said it is happy with voter turnout during Zambia’s recent presidential elections, the Lusaka Times reported on Friday.

UK construction shrinks as Brexit delays projects

2016-08-12 11:45

Construction has shrunk for a second month and there are signs of worse to come as firms put spending plans on hold following the Brexit vote.

Scottish leader reaches out to Germany in bid to stay in EU

2016-08-10 12:56

The head of the Scottish government says Scotland should be able to remain part of the European Union without leaving the United Kingdom.

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