UK retail sales growth in November was greater than expected, though retailers are gloomy about activity in the next three months, a survey by the Confederation of British Industry showed on Tuesday. more...
The UK unemployment rate remained at the lowest level seen since early 1975, in three months to August, the Office for National Statistics said Tuesday. more...
Although the United Kingdom is a member of the European Union, it has not yet adopted the Euro as its currency, so it is not part of the European Monetary Union. There are a number of reasons for this, but perhaps most famous is the country's forced withdrawal from the Exchange Rate Mechanism, the precursor to the Euro. As we have touched on in previous lessons, before joining the Euro countries were required to meet certain criteria, one of which was to keep the value of their currency within certain ...
UK retail sales declined more than expected in March, the Office for National Statistics showed Thursday. more...
The average asking price of a house in the United Kingdom was up 0.4 percent on month in April, property tracking website Rightmove said on Monday - coming in at a record 305,732 pounds. more...