The seasonally adjusted U.K. Markit/CIPS Services Purchasing Managers' Index (PMI) rose to 56.2 in December from 55.2 recorded in the month prior, according to data released by IHS Markit on Thursday.
"Exceeding all expectations, the year ended on a high for the service sector, which rounded off...
United Kingdom Chancellor of the Exchequer Philip Hammond told CNBC Arabia on Thursday that he expects negotiations on the country's departure from the European Union to be "tough and challenging."
"We have spent 40 years integrating our economies and now we have to separate them and...
United Kingdom Chancellor of the Exchequer Philip Hammond will meet leaders from Kuwait, Qatar and the United Arab Emirates during his visit to the Gulf over the next two days to discuss economic cooperation, the U.K. government said on Wednesday.
The U.K. is looking to improve its trade...
Mortgage approvals in the United Kingdom rose to the highest level in the past eight months. The number of loans approved was 67,505 in November compared to October's revised number of 67,371, the Bank of England (BoE) reported on Wednesday.
Approvals for remortgaging came in at...
House prices in the United Kingdom increased 0.8% in December on a monthly basis, while annual price growth edged up to 4.5%, compared with 4.4% in November, according to the Nationwide House Price Index released on Thursday.
"The story of UK house price growth in 2016 was one of relative...
Leaders from the United States, United Kingdom and the European Union reacted to the death of Cuban revolutionary and former president Fidel Castro on Saturday.
U.S. President Barack Obama stated that Cubans in both Cuba and in the U.S. are filled with "powerful emotions" at this moment...
Almost half of the participants in a Sky News snap poll on Thursday believe United Kingdom Prime Minister Theresa May should be allowed to trigger the country’s exit process from the European Union without consulting Parliament.
Out of just over 1,000 poll respondents, 48% answered “yes” to the...
Russia asked the government of the United Kingdom in a statement published on Tuesday to explain the “unfriendly step” of closing the NatWest bank accounts of the Russia Today television channel, calling the move a “political decision.” The U.K. government is a majority shareholder of...
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