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Tag:
UK
British economy declined slightly in the third quarter, recession looms
Economy
EditorialTeam
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Britain's gross domestic product (GDP) contracted slightly in the third quarter, according to revised figures. According to the BBC,...
UK inflation unexpectedly fell by a tenth of a point to 6.7 per cent in August
News
EditorialTeam
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The annual rate of consumer price inflation in Britain slowed unexpectedly in August, with the inflation rate easing by...
UK chip developer Arm has applied to list in the US, this year’s biggest so far
News
EditorialTeam
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British chip developer Arm, which falls under the Japanese firm Softbank and whose technology is found in virtually all...
Inflation in Britain slowed in July
Economy
EditorialTeam
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Year-on-year growth rate of consumer prices in Britain slowed to 6.8 percent in July from 7.9 percent in June....
British economy surprises in the quarter, but lags behind others
News
EditorialTeam
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The British economy grew by a surprising 0.2 percent in the second quarter compared to the previous three months,...
Ryanair’s quarterly profit rises to €663 million, higher than before the pandemic
News
EditorialTeam
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Ireland's Ryanair's after-tax profit rose 290 percent year-on-year to €663 million in the April to June period. But Europe's...
UK inflation slows to 7.9 per cent in June
Economy
EditorialTeam
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Consumer prices in Britain rose by 7.9 per cent year-on-year in June. The rate of price growth slowed from...
Britain’s net debt exceeds 100 per cent of GDP for the first time since 1961
News
EditorialTeam
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Britain's net debt exceeded 100 per cent of gross domestic product (GDP) in May for the first time since...
UK regulator approves Amazon’s plan to take over iRobot for $1.7 billion
Business
EditorialTeam
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The UK's antitrust authority (CMA) has approved Amazon's plan to take over iRobot, the maker of the Roomba vacuum...
The British pound weakened against the euro and the dollar. Investors don’t trust the economy
Economy
EditorialTeam
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The British economy is most likely heading into recession.  This is also why the British pound has fallen significantly against...
UK turns to coal as backup source for electricity generation
Economy
EditorialTeam
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The UK is preparing for winter without enough power. It will therefore put the old coal-fired power plants on alert,...