Airbus wins against Boeing at Farnborough International Air Show 2016
Airbus stole the limelight and lots of orders at the Farnborough International Air Show 2016, leaving American rival Boeing struggling behind. Airbus’ strong performance,...
UK construction output fell 2.1% in May, ONS data reveals
According to official figures released by the Office for National Statistics, construction output in the UK dropped 2.1% in May compared with the previous...
Pound fell from two-week high against the dollar on Friday, FTSE 100 gained 0.22%
The pound sterling dropped from a two-week high against the dollar on Friday following better-than-expected data from the US and comments by the Bank...
BoE surprises markets by keeping key interest rate unchanged at 0.5%
The Bank of England surprised markets today by announcing that it has kept its key interest rate unchanged at 0.5%.
Markets had priced in an...
UK house prices forecast to drop over next three months following Brexit vote
UK House prices are forecast to drop over the next three months following the Brexit vote, according to a survey conducted by the Royal...
Bank of England Governor Mark Carney hints at further monetary stimulus
Bank of England Governor Mark Carney hinted on Tuesday that there will be more monetary stimulus to come after the Brexit vote.
"If the...
UK consumer spending slowed sharply in June, wet weather to blame
UK consumer spending levels slowed sharply in June, with retailers blaming bad weather for lacklustre sales. Consumer spending in June grew at its slowest...
Theresa May news lifts FTSE 100 and pound investors welcome safe pair of hands
As soon as it became clear that Theresa May would be the new Conservative Party leader, and thus Britain’s next Prime Minister, London’s FTSE...
FTSE 100 enters bull market territory after Andrea Leadsom drops out of Tory leadership...
The value of the pound rose and the FTSE 100 index entered bull market territory after Andrea Leadsom quit the Conservative Party leadership contest,...
UK Chancellor Osborne traveling to New York to urge US investors to stick with...
Chancellor George Osborne is due to travel to New York on Monday as part of an effort to urge some of Wall Street’s biggest...