UK economy

UK Economy Grows More than Expected

LONDON (AP) — Britain’s economy picked up slightly in the three months through September, official figures showed Wednesday, making it more likely that the Bank of England could raise interest rates next month for the first time in a decade.

Brexit Boom Project Fear Britain Economy Retail Consumer Confidence Spending

Bank of England Revises Up UK Growth Forecast

LONDON (AP) — The Bank of England revised up its economic growth forecasts for the British economy for the coming three years, crediting much of the improvement to the government’s decision to ease up on austerity in the wake of the country’s vote to leave the European Union.

Mogg

Brexit Boom: UK Companies Growing After Brexit Vote

(REUTERS) – British companies continued to grow modestly in the three months to November and are expected to keep up that pace into 2017, a survey showed on Sunday, chiming with a resilient picture for the British economy so far since June’s EU referendum vote.

Chancellor of the Exchequer George Osborne deliver a speech on the potential economic impact to the UK on leaving the European Union (EU), at a B&Q Store Support Office, on May 23, 2016 in Chandler's Ford, near Eastleigh, England. Osborne warned that Brexit would lead Britain into a 'year-long recession'. …

Remain Supporting Virgin Enjoys Brexit Boom

(REUTERS) – British lender Virgin Money Holdings Plc (VM.L) reported a 19 percent jump in nine-month gross mortgage lending, and said customer demand continued to be strong after Britain’s vote to leave the European Union.

Richard Branson

Sterling Firms On Calm Over Brexit

(REUTERS) – Sterling rose on Wednesday amid indications Britain may avoid an aggressive and potentially damaging exit from the European Union, while the dollar hit a seven-month high against a basket of major rivals ahead of the release of Federal Reserve meeting minutes.

Brexit Economy Project Fear

UK House Price Crisis Eases After Brexit Vote

LONDON, Sept 30 (Reuters) – British house prices rose more slowly in September than in August, according to figures from mortgage lender Nationwide, adding to signs of a cooling in the housing market after voters decided in June to leave the European Union.

UK property market housing crisis building