UK Economy

This British Seaside Town Is Dreading Brexit

On any given weekday in the British seaside town of Bournemouth, surfers can be found dragging in their boards from the sandy beach to get smoothies …

Great Britain

Brexit has reached a dead end

The UK's Brexit negotiations with the European Union are at an impasse — that's according to Prime Minister Theresa May. In a letter to her own …

Great Britain

Ireland needs to invest €42m in advanced manufacturing infrastructure

Industry group warns of major innovation and R&D gap that threatens second greatest employer in Ireland<p>The Government has been urged to invest €42m …

Manufacturing

Best 20 places to work if you also want a life revealed - and there are some real shocks in there

Energy companies, the Environment Agency and the Bank of England have been named among the best for offering staff a decent work-life balance, a …

Work-life Balance

Market Commentary

This week<p>Markets Live<p>Wednesday, 15th August 2018<p>Live markets commentary from FT.com<p>2018-08-15T10:07:58.000Z<p>By: Bryce Elder<p>UK Inequality<br>• Pension …

Profit

Not Just the Pay Gap - Women Experience ‘Punishment Gap’ Too

Women experience more severe repercussions for misconduct in the financial advisory industry their male counterparts, research published on the Bank …

Bank of England

UK inflation rises as London house prices see biggest fall since 2009

House prices in London have seen the biggest fall in nine years while UK inflation edged up for the first time since November.<p>Figures released today …

Housing

Lloyds, Barclays Reveal Security Lapses, Disruptions in Payments

Lloyds Banking Group Plc, Barclays Plc and other U.K. lenders disclosed major security and operational incidents that cut off customers’ access to …

Cyber-attacks

Irish border backstop on Brussels Brexit talks agenda

The latest round of Brexit negotiations is due to get underway in Brussels today

Great Britain

PRECIOUS-Gold prices sink to 19-month low amid strong dollar

PRECIOUS-Gold prices sink to 19-month low amid strong dollar<p>BENGALURU, Aug 16 (Reuters) - Gold prices shed over one percent on Thursday to hit their …

Economics

The tough new laws you need to know about drone flying in the UK

Drone owners in Britain will find it more difficult to fly them after new rules come into force today - with more on the way.<p>A string of measures …

Drones

British inflation rate rises, keeping squeeze on households

LONDON (AP) - The inflation rate in Britain has picked up, keeping a squeeze on households facing the uncertainty of Brexit.<p>Official figures released …

Economics

What are the odds on the ideal outcome for UK house prices?

This article is taken from our FREE daily investment email Money Morning.<p>Every day, MoneyWeek's executive editor John Stepek and guest contributors …

Personal Finance (UK)

British Manufacturing Slumps As Bank Of England Raises Interest Rates

<i>By George Pickering</i><p><b>An audio version of this article</b> <b>is available here</b><b>.</b><p>On August 2nd, the Bank of England announced that its Monetary Policy Committee …

Interest Rates

The soaraway super-rich shame British politics – and our politicians | Anne Perkins

Jeff Fairburn, who is chief executive of the housebuilding company Persimmon, is now a legend in the fur-lined world of fat cattery; with a £47.1m pay package in 2017, he has outstripped previous title holder Sir Martin Sorrell, who in 2016 had a pay package of £41m, reduced by 71% last year, …

Opinion (UK)

The 'unravelling' pound is on its worst run since the financial crisis — and it's only going to go downhill

• <b>If the pound ends Wednesday lower, it will have seen its longest losing streak since the financial crisis.</b>• <b><br>It will have dropped for 11 consecutive</b> …

Andrew Brunson

Sterling suffers longest losing streak since 2008 as dollar surges

LONDON (Reuters) - Sterling fell on Wednesday for the 12th consecutive day as the U.S. dollar strengthened, leaving the pound at its weakest since June 2017 and facing its longest losing streak since the depths of the financial crisis in 2008.<p>A bank employee counts pound notes at Kasikornbank in …

Polling

The key to understanding Jeremy Corbyn is that he’d rather be foreign secretary

There are calls for “Corbynism without Corbyn”: keeping his domestic agenda but discarding his foreign policy baggage.<p>Jeremy Corbyn and Binyamin …

Great Britain

Commuters to face 3.2% rail fare rises in 2019 | Financial Times

Train fares are set to go up by 3.2 per cent in 2019, sparking fresh criticism from unions and passenger organisations after the RPI measure of …

Chris Grayling

Turkish lira rebounds for a second session in a row

Turkey’s embattled lira continued to rebound Wednesday for a second straight session, even as the animosity between Ankara and Washington appeared to …

Business

UK inflation accelerated in July, but core inflation held at 1.9%

Upward pressures on inflation were offset partly by some financial services and clothing and footwear prices, which fell 3.7% on the month on …

Inflation

Rising fuel prices push up UK inflation for first time in 2018

Higher fuel prices in July pushed up the rate of inflation for the first time this year to put an extra squeeze on household incomes following several months of falling wages growth.<p>The consumer prices index (CPI) rose at an annual rate of 2.5% last month after holding at 2.4% in the previous three …

Business

House price growth crashes to 5 year low

"For the capital to be in a photo finish with the North East over the past year is a stark reminder of how volatile the UK property market can be in …

Housing

DIARY-Top Economic Events to Sept 28

© Reuters. DIARY-Top Economic Events to Sept 28<p>Aug 16 (Reuters) -<p>For other diaries, please see:<p>Top Economic Events<p>M/DIARY<p>Emerging Markets Economic …

Federal Reserve

Rise In U.K. Inflation Unlikely To Last

<i>By James Smith, Developed Markets Economist</i><p><i>The fading impact of sterling's post-Brexit fall is likely to keep a lid on core inflation over the coming</i> …

Business

U.K. stocks threaten longest losing streak since February

The U.K.’s main stock index fell on Wednesday, threatening to post its fifth straight daily drop as the ongoing turmoil in Turkey’s currency and …

Stock Markets

Deja vu: Will the Flug farce be repeated?

Bank of Israel head Karmit Flug may be awarded a second term - once again by default.<p>><br>• ><p>Karnit Flug . (photo credit: MARC ISRAEL SELLEM)<p>X<p>Dear …

Israel

Brexit Uncertainty Looms Over UK Real Estate

Since 2007, UK commercial real estate has delivered an average total return of 9%. Roughly 50% of this total return, since the 2007 peak, and …

Real Estate

Land Registry/ONS reports UK House Prices Up 0.4% m/m in June; Annual increase down to near 5-Year low of 3.0% - EY ITEM Club

• <b>Land Registry/ Office for National Statistics (ONS) reported UK house prices rose 0.4% month-on-month in June. The annual rate of increase dipped to</b> …

Housing Market

House prices rise the fastest in West Midlands

<b>House prices in the West Midlands rose the fastest in the UK compared with a year ago, according to official figures.</b><p>Annual growth in property values in the region stood at 5.8% by June, the Office for National Statistics (ONS) said.<p>The biggest fall was in London where prices dropped by 0.7% …

Housing