Consumer Borrowing Slows

Business
Consumer Borrowing Slows 5th January 2018. British households’ borrowing binge has fallen back to its slowest pace in two years, indicating the peak of the boom may now be in the past. Unsecured borrowing grew by 9.1 percent in the
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UK Services Sector Saw Faster Growth In December

Brexit
UK Services Sector Saw Faster Growth In December 4th January 2018.  Britain’s services sector, including hotels and banks, grew at a faster rate than expected last month, setting the economy on course for its strongest quarter in 2017. UK households
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Brexit Uncertainty Threatening Construction Sector

Brexit
Brexit Uncertainty Threatening Construction Sector 4th January 2018. Brexit-related uncertainty continued to hamper the UK’s construction sector in December, according to a recent survey. The Purchasing Managers’ Index (PMI) for commercial construction dipped further last month, suggesting the continued negative fallout of Brexit. The
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Scotland Has Lowest Rate of Business Growth in UK

Brexit
Scotland Has Lowest Rate of Business Growth in UK 4th January 2018. Scotland’s struggling economic performance has been exposed in new figures showing a record-low number of new businesses in the region. According to official statistics, Scotland is boasting the lowest
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Manufacturing Sector Saw A Disappointing December

Business
Manufacturing Sector Saw A Disappointing December 3rd January 2018. A slowdown in consumer spending last month pushed UK manufacturing to a disappointing year-end. IHS Markit’s manufacturing purchasing managers’ index (PMI) reported that while there was some growth within the manufacturing sector
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