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    Britain’s economy shows signs of slowdown as rate hikes mount

    23 Aug 2023

    Britain’s economy is slowing and might be heading for a recession as it feels the impact of 14 back-to-back interest rate increases by the Bank of England to fight high inflation. Despite being buffeted by Brexit, the COVID-19 pandemic and last year’s surge in energy prices, the British economy has defied

    Strong British pay growth boosts chance of BoE interest rates rise

    18 Apr 2023

    British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England (BoE) towards a further rise in interest rates next month, despite an unexpected increase in joblessness too.

    UK retail sales up, suggesting recession will be short-lived

    16 Feb 2024

    British retail sales rose by a stronger-than-expected 3.4% in January, according to official figures that showed signs of strength

    Truss gives honours to cronies who backed her government

    30 Dec 2023

    Former prime minister Liz Truss has doled out peerages to the men who played key roles in masterminding Britain’s exit from the European Union.

    UK inflation expectations ease as BoE considers next rate hike

    01 May 2023

    Inflation expectations in Britain eased in April, bank Citi said on Monday, offering some relief to the Bank of England (BoE) which is expected to announce a 12th straight

    Masdar finalises joint investment in 3GW UK offshore wind project

    01 Mar 2024

    Abu Dhabi Future Energy Company- Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 per cent shareholding in the 3 gigawatt (GW)

    StanChart lowers income target, launches $1 billion share buyback

    23 Feb 2024

    Standard Chartered on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18 per cent, but set out underwhelming growth forecasts

    UK economy’s growth points to exit from shallow recession

    12 Apr 2024

    Britain’s tepid economy is on course to exit a shallow recession after output grew for a second month in a row in February, and January’s reading was revised higher, official data showed on Friday.

    UK pay growth slows but remains high for the Bank of England

    18 Jul 2024

    Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England (BoE),

    US jobless claims increase as layoffs settle at higher levels

    21 Jul 2024

    US filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level.

    12 Results