Business

House sold

UK house price growth ended 2016 at 4.5%, says Nationwide

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House price growth in the UK was relatively stable in 2016, according to Nationwide. However, the building society forecasts "modestly slower" increases in 2017...
Belarus and China to make flying drones

Belarus and China team up to make flying drones

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With an eye on the expanding export market, Belarus and China are teaming up to make flying drones. The two countries are setting up a...
Prime Minister Theresa May on corporation tax

Theresa May has failed to admit the complexity of Brexit, says FDA leader Dave...

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Theresa May is failing to build up the courage to admit the high level of complexity associated with Brexit, said Dave Penman, leader of...
economic effect of Brexit

Half of UK managers expect economic effect of Brexit will be negative

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Half of managers in the United Kingdom believe the economic effect of Brexit will be negative in the medium term. However, more than half...
EU_UK

UK could save £450 million a week by leaving the EU single market, Change...

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The British economy could save up to £450 million a week by leaving the EU single market and customs union, claims the pro-Brexit pressure...
Germany's electricity - offshore wind turbines

Renewables make nearly a third of Germany’s electricity in 2016

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Renewables are expected to account for nearly a third (32 percent) of Germany's electricity consumption in 2016. This means over 191 billion kilowatt hours (kWh)...
bigger issues than Brexit for SMEs

UK SMEs ‘face bigger issues than Brexit’

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Small and medium enterprises (SMEs) in the United Kingdom face bigger issues than Brexit, according to a new report. While Brexit poses short-term economic uncertainty,...
Five Pound note (sterling).

UK economy expanded by 0.6% in Q3 2016, ONS data reveals

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The UK economy expanded by 0.6% in the third quarter of 2016, up from original estimates of 0.5% growth, according to new data from...
Bank of England in London

MPs to hold inquiry into the effectiveness of Bank of England policies

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The UK Parliament's Treasury Committee is scheduled to hold an inquiry next year into the effectiveness of Bank of England polices since the financial...
arctic

Obama bans offshore oil and gas drilling in US Arctic and North Atlantic waters

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US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US Arctic and North Atlantic waters as...