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 […]

Brexit secretary David Davis has lately urged the MPs to pass the bill unchanged when it is debated on Monday in the House of Commons. If the Brexit bill is passed unchanged on Monday, British Prime Minister Theresa May could trigger Article 50 for the withdrawal of United Kingdom from […]

Amazon is learned to be creating 5,000 more jobs in United Kingdom by the end of this year despite the fact several companies are planning to move out of the country to avoid cross-border travel restrictions after Brexit, withdrawal from the European Union bloc. The retail giant also said some […]

British Prime Minister Theresa May is learned not to be attending the 60th anniversary bash of EU summit next month in Rome, Italy. The decision is rational as the primary focus of it would be the future of European Union and the United Kingdom as the country will be leaving […]

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 […]