Economy NEWS

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”


Report shows recovery in UK manufacturing before Brexit vote

UK manufacturers reported an increase in activity in the run-up to the EU referendum, according to the latest Markit/CIPS purchasing managers? index (PMI). The closely watched PMI was at a five-month high in … Continue reading “Report shows recovery in UK manufacturing before Brexit vote”


UK businesses call for continued access to single market

The UK?s Business Secretary Sajid Javid has said that securing continued access to the European single market will be his ?number one priority? in the negotiations over the country?s exit from the European … Continue reading “UK businesses call for continued access to single market”


UK property market faces uncertainty after Brexit vote

The prospects for the UK housing market over the coming months look very uncertain after the country voted to leave the European Union. Property market analyst Hometrack said that the immediate impact of … Continue reading “UK property market faces uncertainty after Brexit vote”


Brexit will hit UK jobs, IoD survey finds

Leaving the European Union will lead to job losses in UK businesses, according to a survey released today by the Institute of Directors (IoD). The organisation?s snap business reaction survey revealed that nearly … Continue reading “Brexit will hit UK jobs, IoD survey finds”


Business groups call for stability after UK votes to leave EU

Business groups have stressed the need for stability after the UK voted to leave the European Union. Share prices and the value of the pound plunged as the markets responded to the result … Continue reading “Business groups call for stability after UK votes to leave EU”


Business leaders sign letter backing Remain

More than 1,200 business leaders in the UK have signed a letter supporting the UK?s continued membership of the European Union. The letter to the Times states that British businesses and their employees … Continue reading “Business leaders sign letter backing Remain”


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