Home Tags UK Economy

Tag: UK Economy

The looming threat of no deal Brexit could push the UK’s credit rating to its worst level in decades

"Fitch believes that a 'no-deal' Brexit would lead to substantial disruption to UK economic and trade prospects, at least in the near term."

There’s now clear proof the threat of no deal Brexit is hurting the UK economy

The British economy grew just 0.2% in the final quarter of 2018, as businesses continued to stifle investment.

The economic data from France is so bad that one analyst simply wrote ‘?!’ on the chart

The survey in question was the Insee services-confidence poll. It showed a cliff-edge drop in expectations from France's non-manufacturing companies.
"Plenty of countries out there would love to build the wings for Airbus aircraft," CEO Tom Enders says.

‘Don’t listen to the Brexiteers’ madness,’ says Airbus CEO who is threatening to pull out of the UK entirely over Brexit

CEO Enders says Brexit backers who say Airbus will always be in the UK are "wrong." Airbus has 14,000 UK workers and supports another 110,000 UK jobs.
The economy looks as glum as the weather.

MORGAN STANLEY: Get used to a ‘new normal’ of weaker UK growth thanks to Brexit

Economists at the bank say growth has been hit by weaker domestic demand that looks set in for the long haul once the UK formally leaves the EU.
Brexit is causing confusion among investors.

Brexit is now such a headache that the UK is ‘uninvestable,’ according to one of Wall Street’s best respected research houses

"With UK politics in the midst of Brexit turmoil what are investors meant to do?" — Bernstein's Inigo Fraser-Jenkins and his team asked in a note.

Here’s everything that was announced in the Budget — and how it will affect Britain’s households

Chancellor Philip Hammond delivered his budget on Monday afternoon. Here's what you need to know.

UK inflation drops sharply and unexpectedly as Brexit price squeeze slows down

Consumer price inflation (CPI), the most watched measure of UK inflation, feel to 2.4% in September, down from 2.7% in the previous month.
A woman holds a Union flag umbrella in front of the Big Ben clock tower (R) and the Houses of Parliament in London October 4, 2014.

It looks like the UK has bounced back from its economic slump — but it is still headed for its worst year since the financial crisis

The British economy may finally have gotten itself out of the deep rut it entered at the end of 2017, but it still looks to be headed for its worst year since the financial crisis in terms of pure economic growth.

Britain could be forced to increase government spending in a no-deal Brexit, IMF says

In a report released ahead of the IMF's annual conference, this year held on the Indonesian island of Bali, the fund said that "the pace of fiscal consolidation can be eased if risks materialise and growth slows sharply."