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Economy3 months ago
Top rating agency warns of deeper recession in UK, downgrades growth forecast
A leading international credit rating agency has warned that the United Kingdom is likely to tip into recession in the last quarter of this year as a result of soaring inflation and a hike in bank interest rates. 
Top rating agency warns of deeper recession in UK, downgrades growth forecast
Politics3 months ago
UK PM Truss defends tax cuts despite market turmoil
UK Prime Minister Liz Truss on Thursday defended her tax cuts policy, despite it triggering market turmoil.
UK PM Truss defends tax cuts despite market turmoil
Economy5 months ago
UK inflation will soar to ‘astronomical’ levels in 2023, think tank warns
Inflation in Britain will rise to ‘astronomical’ levels over the next year, a think tank warns.
UK inflation will soar to ‘astronomical’ levels in 2023, think tank warns
Venezuela6 months ago
UK court denies Venezuela access to its $2bn gold reserves
Britain’s High Court denies the Venezuelan government access to its nearly $2 billion worth of gold reserves, ruling in favor of the nation's US-backed opposition figure Juan Guaidó.
UK court denies Venezuela access to its $2bn gold reserves
Economy6 months ago
Bank of England sounds alarm on UK’s economic collapse
The Bank of England sounds the alarm on UK’s economic outlook, warning the Brits that the worst is yet to come.
Bank of England sounds alarm on UK’s economic collapse
Economy8 months ago
Cost of pasta, bread surges for Britain's poorest amid soaring inflation
The price of Britain's cheapest brands of pasta and bread have increased sharply over the past year, new data shows.
Cost of pasta, bread surges for Britain's poorest amid soaring inflation
Economy8 months ago
Soaring prices cause ‘acute distress’ to Britons, minister says
Soaring inflation across the UK has caused “acute distress” to Britons, Finance Minister Rishi Sunak has said, stressing that the Bank of England must take “decisive action” to get prices back under control.
Soaring prices cause ‘acute distress’ to Britons, minister says
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