Andy Bruce

Back at the Brexit table, UK and EU try to land deal on fish

23 Oct 2020

LONDON Britain and the European Union have made good progress in talks on a last-minute trade deal that would stave off a tumultuous finale to the five-year-old Brexit crisis, but fish is the biggest sticking point. | Video

UK's economic recovery fades in October as pandemic flares up

23 Oct 2020

LONDON Britain's economic recovery lost more steam this month as a resurgence of the coronavirus pandemic hit the hospitality and transport sectors and prompted a drop in consumer morale, surveys showed on Friday.

UK sees record third-quarter retail sales growth in post-lockdown rebound

23 Oct 2020

LONDON British retail sales beat expectations in September to cap a record quarter of growth that took total sales volumes further above their pre-pandemic level, but rising COVID cases risk crimping demand going forward.

BoE's Ramsden sees no case for negative rates now

21 Oct 2020

LONDON Cutting interest rates below zero risks damaging British banks' capacity to lend, and is not currently the right tool for the Bank of England to stimulate the economy, Deputy Governor Dave Ramsden said on Wednesday.

UK borrowing exceeds forecasts, debt highest since 1960

21 Oct 2020

LONDON Britain's government borrowing in the first half of the financial year was more than six times higher than before the COVID pandemic, official figures showed on Wednesday, taking public debt to its highest since 1960.

UK imposes tougher virus measures on Manchester after talks stall

21 Oct 2020

LONDON British Prime Minister Boris Johnson said on Tuesday he would impose tougher lockdown restrictions on the Greater Manchester region in northern England despite failing to reach a deal on funding support with local leaders.

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