The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday (Nov. 11). Economic output grew 0.3 percent compared with the previous quarter, according to data from the Office for National...
In Samuel Beckett’s “Waiting for Godot,” there’s a line that rings a bit true of Brexit: “Nothing happens. Nobody comes, nobody goes. It’s awful.” The nothing that is happening is now being stretched out a bit longer, with a new October deadline in place, where...
The rollout of 5G technology could be a boon to the U.K. economy if a new forecast by Barclays proves true. According to the U.K. bank, speedy internet boosted by 5G could add £15.7 billion ($20.7 billion) annually to the economy starting in 2025, as reported...
In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse off if that happens. According to a report in Bloomberg, Hammond said Parliament’s move to reject Prime Minister Theresa May’s...
November 11, 2019
The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday (Nov. 11). Economic output grew 0.3 percent compared with the previous quarter, according to data from the Office for National Statistics released on Monday. Economists polled by Reuters had forecast […]
April 03, 2019
The rollout of 5G technology could be a boon to the U.K. economy if a new forecast by Barclays proves true. According to the U.K. bank, speedy internet boosted by...
March 13, 2019
In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse off if that happens. According...
October 31, 2018
Great Britain could be headed toward a long recession if it can’t strike a Brexit deal. Credit ratings agency Standard & Poor’s (S&P) warned that failing to make a deal might...
