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A major new report into rising inequality warned that the growing gap between rich and poor is now a threat to Western democracy
A new study by Sir Angus Deaton for the Institute for Fiscal Studies suggests that widening gaps between rich and poor are
"Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible," Mobius said.
Norway’s $1 trillion sovereign wealth fund, the world’s largest, is betting on the UK — regardless of how badly Brexit turns out
"We will continue to be significant investors in Britain," chief executive Yngve Slyngstad said, Reuters reported on Wednesday.
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."
The British economy grew just 0.2% in the final quarter of 2018, as businesses continued to stifle investment.
The survey in question was the Insee services-confidence poll. It showed a cliff-edge drop in expectations from France's non-manufacturing companies.
‘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.
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 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.
Chancellor Philip Hammond delivered his budget on Monday afternoon. Here's what you need to know.