Tag: UK Economy
Pandemic hits UK economy harder than any other G7 nation, says...
The British economy suffered the deepest recession of all G7 nations in last year, according to the International Monetary Fund (IMF).
The IMF also warned...
OECD paints bleak picture of UK’s economic recovery
The UK’s economic recovery next year will be among the slowest of any country, according to the latest forecasts by the Organisation for Economic...
Vaccine raises hopes for economic recovery
The UK’s gross domestic product (GDP) may return to pre-pandemic levels as soon as next summer, according to economists, after hopes were raised following...
Economic recovery starts to slow as UK heads for recession
Business output across the UK rose for the third month in a row in July as the services sector continued to benefit from the...
UK fintech investment fuels cautious optimism
Investment in the British fintech sector dropped by over a third in the first half of 2020 amid global economic shutdowns, but nearly two...
May’s GDP figures cast doubt on ‘V-shaped’ recovery
Figures published by the Office for National Statistics (ONS) on Tuesday showed a “disappointing” 1.8 per cent increase in the Gross National Product (GDP)...
UK bans new Huawei kit from end of year and existing...
The government will ban the UK’s mobile providers from buying new Huawei equipment after December 31, and they must also remove all existing Huawei...
Online job adverts down by half
The number of online job advertisements has dropped below half of the average for the same period last year, according to an “experimental” measure...
Sunak to slash stamp duty in Summer Statement
Chancellor of the Exchequer Rishi Sunak will announce a range of economic stimulus measures this Wednesday in a Summer Statement, although Treasury sources insist...
IR35 reform amendment makes Finance Bill
The House of Commons voted in favour of an amendment to the Finance Bill on Thursday that makes it all but certain that the...
