Despite signs that the UK economy is doing well after the Brexit vote, Prime Minister Theresa May said that difficulties lie ahead as the country begins the yearslong process of leaving the EU. In preparation, […]
With the shock of the Brexit vote wearing off, output and new orders at UK factories posted solid gains in August, according to the Markit/Chartered Institute of Procurement & Supply UK Manufacturing Purchasing Managers Index. […]
A gauge of UK manufacturing export orders this month has surged to its highest level in two years with a big boost from the pound’s post-Brexit slide. Overall factory orders, however, were down a bit […]
Italian Prime Minister Matteo Renzi will host German Chancellor Angela Merkel and French President Francois Hollande on the island of Ventotene ahead of an EU summit in Bratislava in September to discuss Brexit. The three […]
Major banks in London have drastically revised down their 2017 forecasts in light of the Brexit vote, the Treasury reports. Barclays Capital and Nomura had each estimated growth of 1.9%, but Barclays now anticipates a […]
The eurozone’s economy should be able to ride out the effects of the UK’s decision to leave the EU, European Central Bank policymakers have concluded. Germany’s Bundesbank said the ECB’s governing council determined last month […]
U.K. inflation accelerated in July and there were signs of further price pressures with the weak pound leading to the biggest jump in import costs since 2011. Consumer-price growth picked up to 0.6% from 0.5% […]
Britain might not withdraw from the EU until toward the end of 2019 because the UK government ministries that will handle the negotiations are still recruiting staff, the Sunday Times reported without identifying its sources. […]
Home sales in the UK are experiencing the most severe decline since the 2008 financial crisis, the Royal Institution of Chartered Surveyors said. Britain’s vote to leave the EU has shaken the confidence of consumers […]
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