German trade boosts economic growth as political risks rise

2017-11-23 10:47

Exports and investment have propelled German growth in the third quarter, putting it in a strong position to weather rising political uncertainty after coalition talks collapsed.

UK retail sales go cold as Christmas shopping season nears

2017-11-17 06:00

UK retail sales have barely risen in October as food stores saw declines for a second month and clothing dropped the most this year.

UK pay being pushed higher by slide in worker availability

2017-11-08 09:36

A marked decline in the availability of workers across the UK has helped push up pay last month, according to IHS Markit and the Recruitment and Employment Confederation.

UK consumer's big shopping plans undeterred as credit booms

2017-10-31 07:57

UK consumers have grown more enthusiastic about spending big as credit continues to expand, according to GfK.

UK tax break for big firms faces EU probe ahead of Brexit

2017-10-26 14:31

As Brexit talks continue to founder, the EU attacked a tax break designed to lure big companies to the UK in a clampdown that could trigger legal wrangling lasting long after the scheduled Brexit.

UK manufacturing sums up interest-rate dilemma for the BOE

2017-10-23 14:35

For a picture book example of the dilemma facing Bank of England policy makers, look no further than the UK manufacturing industry.

UK consumers display resilience as saving ratio climbs

2017-09-29 11:12

Figures from the office for national statistics show households saved more of their disposable income in the second quarter.

Stalled Brexit talks pile pressure on May to negotiate deal

2017-09-01 09:50

After a third round of Brexit talks ended in acrimony, the moment could be approaching when national leaders have to step in and break the deadlock.

Yellen: Any changes to financial rules should be modest

2017-08-25 17:44

Federal Reserve Chair Janet Yellen says any rollback of post-crisis financial reforms should be “modest” because they’ve made the banking system safer.

UK's worst property market already, Aberdeen braces for Brexit

2017-07-14 16:27

First it was the collapsing oil price. Now it's Britain's quest to leave the European Union. There's little respite for the country’s worst-performing property market.


Brexit may shock UK firms into fixing productivity malaise

2017-11-20 12:56

Poor productivity has long been the bane of the UK, with output per worker far below the G7 average and successive predictions for a recovery since the financial crisis failing to materialise.

Angola's Dos Santos family under pressure to give up key posts

2017-11-15 15:00

Ex-Angolan president Jose Eduardo dos Santos' children are facing increasing pressure to step down from key posts, two months after the first leadership change in almost four decades.

UK Parliament pushes May to release Brexit impact studies

2017-11-02 12:48

The UK Parliament has passed a motion calling on the government to release Brexit impact studies into 58 sectors of the UK economy.

EU's full menu of non-Brexit offering may ease UK departure

2017-10-30 10:59

The European Union says it has plenty on its to-do list besides managing Brexit.

UK economic growth accelerates as crunch BOE meeting nears

2017-10-25 11:37

The UK economy has grown more than forecast in the third quarter, which may add fuel to speculation that the Bank of England is about to raise interest rates for the first time in a decade.

IMF to check its rich-world bias

2017-10-01 06:00

A new evaluation will look into the IMF’s role in keeping the rich world on its course of pumping enormous amounts of liquidity into their financial systems since the 2008 crisis.

BOJ goes from stopping advance in yields to battling decline

2017-09-19 12:27

After spending a year trying to prevent benchmark yields from rising above zero percent, the Bank of Japan now faces the challenge of stopping them from falling too low.

Brexit offers UK office-buying boon, $95bn fund says

2017-08-31 09:08

Bankers may be leaving London, but Britain’s exit from the European Union could still offer opportunities to buy UK commercial real estate with the market in flux.

UK prepared to pay 40bn-euro Brexit bill - report

2017-08-06 16:30

Britain is prepared to pay up to $47.1bn to the European Union to settle its accounts when it leaves the bloc, reports the Sunday Telegraph.

Economic stability needed for political stability - French ambassador

2017-07-13 14:03

Economic stability is required in order to create political stability, according to Christophe Farnaud, France's ambassador to South Africa.

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