Economy, Interest Rates & Government Policy News

The number of people in the UK exchanging sterling for foreign currencies in preparation for holidays has soared ahead of the EU referendum. Fears that the pound will drop in value following a vote to...

The unemployment rate in the UK has dropped to its lowest level since October 2005, as wages continue to creep up, the Office for National Statistics report. The figures, showing employment data for...

Roger Bootle, the head of Capital Economics, and member of eight-strong group Economists for Brexit has said it is countries still in the EU, rather than the UK, that will take a hit following vote to...

Research from the National Institute of Economic and Social Research (NIESR) purports to show that if the UK is to leave the EU, a large portion of the economic costs incurred would fall at the feet...

The Organisation for Economic Cooperation and Development has slashed its UK growth forecast and has once again warned about the economic fallout of a vote to leave the European Union. A vote to leave...

The head of the World Trade Organisation has claimed that if Britain were to leave the EU, additional import tariffs would cost the country around £9 billion per year. Those in favour of leaving the...

Recent times have seen the organisations such as the IMF (International Monetary Fund) cut their predictions for worldwide growth this year- for the umpteenth time. It should hardly come as a...

There are some clear indicators that the uncertainty surrounding the EU referendum has had a negative impact upon parts of the UK economy. We have had reports of firms delaying their spending and new...

The number of people in full or part time work in the UK has pushed the overall employment rate to a record high of 74.2%, but growth since Q4 2015 at 0.1%, some are claiming job market recovery to be...

The head of the International Monetary Fund has come out with a particularly critical assessment of the UK post-Brexit, arguing that it could have a “negative and substantial effect” on the economy....