Stock Market News
UK Economic Data - Household borrowing dips as higher rates ‘percolate’ through UK economy
Consumer borrowing fell in October in the latest indication that higher interest rates are weighing down on demand in the economy.
UK set for slower growth next year as economy lags behind G7 peers – OECD
The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts. The Organisation for Economic Co-operation and Development (OECD) has reduced its ...
London pre-open: Stocks seen weaker ahead of UK data slew, US GDP
London stocks were set to fall at the open on Wednesday following a downbeat Asian session, ahead of a slew of UK data releases and US GDP figures.
The Brexit betrayal is complete: surging migration is becoming an economic burden
How’s Brexit working out? There have been some marginal positives, but in terms of the economy, it’s been mainly downside, and on the issues that really matter to voters – particularly immigration and ...
UK business closures overtake openings as high borrowing costs bite
For example, the number of new businesses operating in retail dropped from 38,900 in 2021 to 29,420 in 2022, the lowest since consistent data first became available in 2017. Meanwhile, closures in ...
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