UK Budget Contains No Big Surprises

So-called “box office Phil” delivered his first budget since the disastrous election in June. Many of the giveaways were targeted at the disillusioned younger voters whose high turnout at the ...

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UK Inflation rate remains at a five year high

UK inflation data for October remained steady at a five year high of 3%. Economists had been expecting an increase in the rate to 3.1%; however, lower fuel costs help ...

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UK Manufacturing Growth Surges

Positive data on the UK’s manufacturing sector was released last week, showing that the sector grew by 0.7% in September against the previous month. This was significantly more than the ...

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Oil hits a two year high

The Bank of England (BOE) Monetary Policy Committee voted last week to raise interest rates for the first time in 10 years. The BOE raised the base rate from the ...

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