The UK’s service sector has finally picked up after a miserable start to the year, a new study has revealed. Read More
Onlookers groaned as the Office for National Statistics (ONS) released its quarterly GDP figures earlier this week, with the report indicating a significant slowdown in overall growth. Read More
Visa Europe have labelled the UK a ‘cash-second’ economy, as the number of contactless card payments rose by a staggering 250% year-on-year in 2015. Read More
According to the most recent information from the Office for National Statistics (ONS), economic growth for the UK was at a rate of 0.5 per cent for the period from July to September. Read More
A leading think tank has made the case for a massive shake-up of the UK’s banking system, arguing that a new network of regional banks should be established nationwide. Read More
Britain is among a handful of shining lights in the global economy this year as the world sees the slowest period of growth since the depths of the financial crisis, according to the International Monetary Fund. Read More
A new study seems to confirm there is an increasing sense of optimism among the UK’s small and medium-sized enterprises. Read More
The Trade Union Congress (TUC) has concluded that recovery in the UK economy is happening at a slower rate than after any of the nation’s previous eight worst recessions, which date back to 1830, following analysis of statistics produced by the Government. Read More
According to the latest statistics, growth in the UK’s services sector slowed during May to 56.5 on the Purchasing Managers Index (PMI), falling three points from April’s figure of 59.5. Read More
According to EY’s ITEM Club – the only non-governmental forecasting group that uses HM Treasury’s model of the UK economy – political unrest surrounding the upcoming general election will have no impact on Britain’s economic growth. Read More