British Prime Minister triggered Article 50 for Brexit in March this year and with this dark clouds could be seen during the summer vacation this year even if the skies would be bright. Britons planning to go for holiday may experience issues related to the borderless travel, cheap flights and […]

The economic growth of United Kingdom slowed in the first quarter and now economists are debating whether the trend is just the beginning of the Brexit stagnation. Official figures revealed the GDP rose just 0.3 percent, which is less than half of the 0.7 percent growth rate of last quarter […]

United Kingdom’s consumer spending growth rate declined in the first quarter of 2017 for the first time since the last quarter of 2013, reveals Visa’s UK Consumer Spending Index. The blame for the slow growth in spending is hovered on rising prices that is gripping tight people’s finances. The index […]

The British economy is said to be moderate this year and weaken further next year while the Brexit talks is in progress, said European Union Financial Affairs Commissioner Pierre Moscovici. The economic growth of United Kingdom could slump to 1.2 percent in 2018. It was 3.1 percent in 2014. For […]

To keep the fishing industry surviving the British government should help it to continue access to European Union markets even after Brexit, withdrawal of United Kingdom from the EU bloc, said a House of Lords report. It is also warned the EU-registered boats should be allowed by the government to […]

Food prices hit a record low last month in the United Kingdom and shoppers enjoyed falling prices and retailers continued with the offers and discounts, reveals the latest British Retail Consortium (BRC)-Nielsen study. The study further adds overall shop price deflation was 2 percent in the month of August and […]