UK business, digital economy, platform economics, labour markets, and market structure analysis.
The UK economy showed little sign of growth in the latest data, as weaker performance in the services sector offset modest gains elsewhere. London — The UK economy remained broadly flat in the most recent figures, underlining the fragile state of growth as businesses and households continue to face...
UK retail sales showed little improvement in the latest figures, highlighting continued pressure on household budgets despite easing inflation. London — Retail sales in the UK remained subdued in the most recent data, reinforcing concerns that consumer spending is struggling to recover as...
UK wage growth eased further in the latest data, signalling a cooling labour market as employers slow hiring amid weaker economic conditions. London — Wage growth in the UK slowed again in the three months to October, adding to evidence that the labour market is losing momentum after a prolonged...
The UK government has announced proposals to loosen regulation for financial benchmark providers, aiming to cut red tape and strengthen the City of London’s global competitiveness. London — The UK government has set out plans to significantly reduce regulatory requirements for financial benchmark...
The Bank of England has reduced its key interest rate to 3.75 per cent following a closely split vote, citing easing inflation and a weakening economic outlook. London — The Bank of England cut the UK’s benchmark interest rate by 25 basis points to 3.75 per cent on Thursday, marking the fourth...