united kingdom economy

Last Updated: January 30, 2023, 13:26 ISTEvery developed nation's economy has been able to get employment back to pre-pandemic levels. (Image: Shutterstock)According to sources, despite the economy entering a recession due to the pandemic's…

Bank of England (BoE) raised interest rates on Thursday (November 3), the most since 1989, to counteract the sky-high inflation. According to BoE, inflation is driving Britain into a recession that will endure until…

The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about tackling inflation The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about…

The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about tackling inflation The U.K. central bank may opt to raise rates by as much as 1 percentage point to show it is serious about…

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British finance minister Rishi Sunak said there must be no return to “significant economic restrictions" despite a recent increase in Covid-19 cases in the country, The Times newspaper quoted him as saying.“I think we’re just in a very…