Category Archives: UK News

employment-header

Unemployment Down but Job Growth May Slow

The unemployment rate in the UK has fallen over the first quarter of 2016, albeit modestly, according to figures from the Office for National Statistics (ONS). However, the official statistical…

Budget2016

The 2016 Budget in a Nutshell

George Osborne recently delivered the annual budget, revealing how the financial landscape is going to change for the people of the UK in the near future. Some of the key…

interest rate cut

Interest Rates may Fall Instead of Rise

After years languishing at record lows, it has recently been reported from numerous quarters that the Bank of England may finally raise interest rates in the near future. However, the…

File photo dated 19/05/11 of a train ticket, timetable and money, as new compensation arrangements for rail passengers come into effect today.

Rail Fares to Increase Next Year

The Department of Transport has said that next January will see a rise of 1% in regulated rail fares. This increase is pegged to July’s inflation level of 1%, measured…

Small Business

Confidence Growing Among Small Businesses

According to the Federation of Small Businesses (FSB), confidence among smaller enterprises has grown significantly over the past three months. This points, the Federation says, towards strong potential for growth…

Flash Crash

Financial Trader Arrested Over Global “Flash Crash” of 2010

A UK trader, Navinder Singh Sarao, has been arrested in connection with the “flash crash” of global financial markets which took place in 2010. The 37-year-old, it is alleged, placed…

Clegg Calls Leaving EU “Self-Harm” for UK Economy

Nick Clegg, leader of the Liberal Democrats and Deputy Prime Minister in the current coalition government, has spoken on the matter of EU membership ahead of the coming election. Clegg…

Scottish Parliament logo

George Osborne Unhappy About Scottish Tax Powers

Since Scotland voted to remain part of the UK, Westminster has been preparing to grant the Scottish government a number of new powers that were promised in the run-up to…

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RBS Issues Apology for Incorrect Committee Evidence

The Royal Bank of Scotland (RBS) has issued an apology for providing a parliamentary committee with incorrect evidence. The incident took place at a hearing in June, at which directors…

Money

Bank Note Printers Issue Profit Warning

You would think that legally printing money is just about the most profitable business possible. Unfortunately, things aren’t quite that simple and De La Rue, the printing company responsible for…