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...British Steel has previously said it was losing £1mn a day....
...UK and European stocks closed again closed at record highs, with the former helped by signs of green shoots in the British economy....
...Rachel Reeves, shadow chancellor, will claim on Tuesday that Rishi Sunak is “gaslighting the British public” over the state of the economy, ahead of data expected to show the UK has moved out of a technical...
...There would also be a host of new institutions — a new British Infrastructure Council, a revived Industrial Strategy Council, a National Wealth Fund and Great British Energy....
...The UK economy shrank in the third quarter of last year, putting it on the cusp of a recession....
...Retail sales in Great Britain rebounded in January following a slump in December, suggesting the economy has picked up some momentum after a weak end to 2023....
...British retail sales unexpectedly stagnated in March as a contraction in food and department store purchases offset growth at clothing stores and petrol stations....
...The law applies to British and French vessels, which have long fished in the areas....
...“There’s a conceptual problem, because the government wants to boost both the UK stock market and the UK economy,” says AJ Bell’s head of investment analysis Laith Khalaf....
...Profits at British Airways owner IAG rose more than expected in the first quarter thanks to the rebound in holiday and business travel....
...However, given that these individuals have chosen to place their ISA allocation in risk-free assets, we expect adoption of the British ISA to be low....
...British retail sales beat analysts’ expectations of a contraction and remained flat last month, as growth in clothing purchases offset falling food sales....
...A UK deal to harmonise veterinary standards with the EU could boost British agrifood exports to Europe by more than 22 per cent, according to researchers....
...It will be a constant drag upon the UK’s economy. But, like it or not, the losses are there and have got to be paid....
...UK businesses in China see 2024 as a “pivotal year” for Beijing to address growing concerns over its flagging economy and investment environment, the British Chamber of Commerce said on Tuesday....
...His reference to the former British prime minister’s “mini” Budget in September 2022 — which led to a sudden surge in UK government bond yields and ructions across financial markets — was an attempt to fend...
...“The British public is going to be severely worse off when it comes to the range and choice in the deli counters . . ....
...It cited a study showing 4 per cent of British households owned second homes for their own use, compared with 9 per cent in France, 17 per cent in Finland and 22 per cent in Spain....
...Chancellor Jeremy Hunt has repeatedly invoked the prospect of cuts as he seeks a feelgood factor in the economy ahead of the general election expected this year....
...Nick O’Donohoe, chief executive of British International Investment, told the Financial Times that spending in Africa by the development finance institution would this year probably exceed the 2023 total...
...The news was a boost for Sunak, who last year made economic growth one of his five key pledges to the British public....
...Kepco has held early-stage discussions with British officials about a new facility at the Wylfa site in Anglesey, and a ministerial meeting is expected this coming week, according to people briefed on the...
...The loser in this will be British consumers, facing higher prices for everyday foods and reduced choice,” he said....
...TP ICAP Q1 trading update, Tui HY Thursday Bank of England monetary policy committee external member Megan Greene speaks at Make UK on the current state of Britain’s labour market EU Commissioner for Economy...
...The slowing price growth supports hopes that consumer spending will rebound this year, helping the economy to recover from last year’s recession....
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