Tag - UK
The sub-prime rate crisis in the US has plunged its housing sector to an unprecedented crisis. The mortgage market difficulties is set to trigger a global effect with David Miles, the chief UK economist of Morgan Stanley warning the UK government that...
To satiate the growing energy needs, UK has approved four reactor developers to build new nuclear power stations.
Areva, the world largest reactor maker, along with Japan's Westinghouse, US giant General Electric and Canada's AECL, has won the...
French President Nicholas Sarkozy's vow to reopen discussions about the Airbus restructuring plan has triggered concerns that UK might face further job cuts than those set out earlier this year under Airbus' Power8 restructuring plan.
UK MP,...
The UK’s inflation rate slowed in April, thanks to lower energy bills and the Bank of England. Consumer price Index (CPI) slashed by 0.3 percent to 2.8 percent against 3.1 percent in March.
The CPI fall recorded on the drops in energy...
Curving inflation seems a tough task in U.K. as its house prices heated up by 1.1 percent, which is the fastest rate in this year.
The Royal Insitution of Chartered Surveyors (RICS) publish its survey that shows British house prices balance...
The rising inflation in the UK is propelling all pay deals above 4%. A report released by the Income Data Services (IDS) of England shows that the normal pay deal held stable at 3.5% in the preceding three months to April has now crossed one percent...
Finance ministers and central bankers from the world's leading industrial countries expressed strong support for the revival of Doha round talks and resisting protectionist sentiments. The ministers in the summit raised hopes that a multilateral...
The proposed European Union laws on cross-border trade are expected to inflict significant damage on online sales and it may cause legal chaos. UK business sphere in particular are very much concerned of this development. For some smaller companies...
A recent report has suggested that the UK economy is moving ahead to mark a robust growth this year, motivated by the thriving financial sector and constantly increasing business investment. The report was prepared by the Ernst & Young ITEM Club that...
UK inflation accelerated to an 11-year high of 3 percent in December consistent with the Bank of England's decision to raise interest rate last week. Consumer Price Index shot up from 2.7 percent in November largely due to high fuel cost, triggering...
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