Page 8 - Uk Economy
Here's UK and EU's Brexit trade deal explained with five basic questions
Brexit - or "British exit" - refers to the process of the United Kingdom leaving the EU after 47 years in the economic and political alliance of European countries built from the ashes of World War 2
 "Here's UK and EU's Brexit trade deal explained with five basic questions")
What will change for British economy after UK-EU trade deal reached?
The last-minute trade deal between the UK and the EU means businesses will be spared new tariffs and border disruption at the start of the new year
 "What will change for British economy after UK-EU trade deal reached?")
UK economy grew by record 16% in third quarter after first lockdown slump
Britain's economic recovery from its coronavirus crash was a bit quicker than previously thought in the July-September period, official data showed
 "UK economy grew by record 16% in third quarter after first lockdown slump")
Bank of England prepares armoury for Brexit disorder, Covid-19 crisis
Governor Andrew Bailey said the central bank had done all it could to mitigate risks from a no-deal departure from the EU on December 31, and it was ready to deal with any market disruptions
 "Bank of England prepares armoury for Brexit disorder, Covid-19 crisis")
Covid-19 crisis: Economic emergency has just begun, says Rishi Sunak
Sunak said on Thursday that he was confident and hopeful that a Brexit trade deal could be struck with the European Union - and that the shape of the deal was clear
 "Covid-19 crisis: Economic emergency has just begun, says Rishi Sunak")
UK will suffer its deepest recession in more than 300 years: Rishi Sunak
Says health emergency not over yet & economic emergency has only just begun
 "UK will suffer its deepest recession in more than 300 years: Rishi Sunak")
No return to austerity in new spending plan, says UK's Rishi Sunak
Says constructive Brexit deal will 'hopefully' come
Bank of England's Ramsden sees plus for economy from Covid-19 vaccine news
The BoE this month increased its bond-buying stimulus plan by a further 150 billion pounds, something Ramsden said would act as a bridge for the economy.
 "Bank of England's Ramsden sees plus for economy from Covid-19 vaccine news")
UK economy grows 1.1% in September, rebounds 15.5% in third quarter
That quarterly growth did not make up for the record 19.8 per cent fall recorded in the second quarter when much of the economy was shuttered in connection with the coronavirus lockdown
 "UK economy grows 1.1% in September, rebounds 15.5% in third quarter")
UK economy grows by monthly 1.1% in September, slower than expected
Britain's economy grew by a slower than expected 1.1% in September from August, even before the latest restrictions on businesses, official data showed
 "UK economy grows by monthly 1.1% in September, slower than expected")
UK tries to reassure business leaders over Brexit with new taskforce
Britain will attempt to reassure business leaders it appreciates need for clarity on rules outside of the EU by setting up a task force to discuss challenges 50 days before the transition period ends
 "UK tries to reassure business leaders over Brexit with new taskforce")
BoE's Haldane hopes vaccine news will be quick game-changer for economy
Pfizer Inc said on Monday its experimental Covid-19 vaccine was more than 90% effective.
 "BoE's Haldane hopes vaccine news will be quick game-changer for economy")
Bank of England increases monetary stimulus by more than expected
The Bank of England has increased its monetary stimulus by a bigger than anticipated 150 billion pounds ($195 billion) as it tries to boost the economy through new lockdown measures
 "Bank of England increases monetary stimulus by more than expected")
UK extends 80% wage subsidies as England goes back into lockdown
The scheme supported 8.9 million jobs at its peak, and had been forecast to cost around 52 billion pounds ($67.28 billion) over its eight-month lifespan.
 "UK extends 80% wage subsidies as England goes back into lockdown")
UK budget deficit hits $271 billion in H1FY21 amid calls for more aid
Borrowing in September alone was 36.1 billion pounds, the Office for National Statistics said Wednesday
 "UK budget deficit hits $271 billion in H1FY21 amid calls for more aid")
UK govt plans to invest millions on wind power, says PM Boris Johnson
The continuing crisis has pushed other initiatives off the agenda, but green issues remain part of Johnson's plans.
Brexit prompts nearly 7,500 city jobs, $1.6 trillion to leave UK
From next year, firms in Europe's financial capital will lose their passport to offer services across the EU
 "Brexit prompts nearly 7,500 city jobs, $1.6 trillion to leave UK")
UK GDP collapsed nearly 20% in second quarter in historic Covid hit
Gross domestic product shrank by 19.8 per cent in the three months to June
UK GDP collapsed nearly 20% in second quarter in historic Covid hit
Britain's economy had already shrunk by 2.5% in the January-March period as the country entered lockdown in late March
 "UK GDP collapsed nearly 20% in second quarter in historic Covid hit")
A tale of two Britains: Covid led homes market boom deepens social divide
A post-lockdown stampede for bigger houses outside of urban areas in the new work-from-home age has sparked a fresh boom in Britain's housing market
