Economy NEWS

UK housing market set to ‘slow down but not plummet’ following Brexit vote

The UK housing market is likely to slow down but it will take months before the impact of Brexit becomes clear, Nationwide Building Society said on Thursday. Nationwide, said to be the UK?s … Continue reading “UK housing market set to ‘slow down but not plummet’ following Brexit vote”


UK economic growth accelerated in the run-up to BREXIT

The UK?s economic growth accelerated in the run-up to the EU referendum, according to new figures from the Office for National Statistics (ONS). The economy grew by 0.6% in the three months to … Continue reading “UK economic growth accelerated in the run-up to BREXIT”


New data shows impact of Brexit vote on UK economy

The UK economy is contracting at the fastest rate since the financial crisis, according to new figures released on Friday morning. The Markit/CIPS purchasing managers? index (PMI) stood at 47.7 for July 2016, … Continue reading “New data shows impact of Brexit vote on UK economy”


easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks

The UK?s Brexit vote and recent events in Turkey and Nice have contributed to a ?difficult and uncertain? operating environment, low-cost airline easyJet said today. In a trading statement for the quarter ended … Continue reading “easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks”


UK unemployment at 11-year low

UK unemployment has fallen to its lowest level since July 2005, according to a new report from the Office for National Statistics (ONS) which covers the period before the UK voted to leave … Continue reading “UK unemployment at 11-year low”


Credit Suisse survey reveals collapse in confidence among UK firms

Business confidence in the UK has ?collapsed? in the wake of the EU referendum, according to a survey by Credit Suisse. The bank found that corporate sentiment in the UK has ?deteriorated out … Continue reading “Credit Suisse survey reveals collapse in confidence among UK firms”


UK retail sales down in June

Sales on Britain?s high streets declined in June, but it?s too early to say whether shoppers were affected by the EU referendum. That?s according to the British Retail Consortium (BRC), which on Tuesday … Continue reading “UK retail sales down in June”


UK’s National Living Wage: prices up and profits down, but no job losses

The UK?s new ?National Living Wage? (NLW) has not led to job losses, a new survey suggests. The Resolution Foundation found that employers have responded to the higher minimum hourly wage for workers … Continue reading “UK’s National Living Wage: prices up and profits down, but no job losses”


UK house price growth slowed in June

The rise in UK house prices slowed ahead of the EU referendum, according to a new report from the Halifax. The country?s largest mortgage lender said on Thursday that prices continued to rise … Continue reading “UK house price growth slowed in June”


UK business confidence sinks after Brexit vote

A new survey has revealed a dramatic decline in business confidence in the UK following the vote to leave the European Union. The YouGov/Cebr Business Confidence Index stood at 112.6 just before the … Continue reading “UK business confidence sinks after Brexit vote”


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