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  1. UK Pay Growth Rises As Employers Brace For Brexit

    by , 04-16-2019 at 04:56 PM
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    UK total pay growth sustained its strong momentum in the three months to February, growing at the fastest pace in over a decade, as employers ramped-up hiring to a fresh record high, ahead of a possibly chaotic Brexit. The total pay grew 3.5 percent year-on-year in the three months to February, same as in December and January, preliminary data from the Office for National Statistics showed.

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  2. German Investor Confidence Unexpectedly Improves

    by , 12-11-2018 at 01:57 PM
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    German investor confidence rose strongly in December, defying expectations for a modest weakening, but caution prevailed as financial analysts' assessment of the current economic situation again deteriorated sharply due to sluggish economic growth and uncertainties linked to global trade and Brexit. The ZEW Indicator of Economic Sentiment for Germany rose 6.6 points to reach minus 17.5 points.

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  3. UK Service Sector Growth Tumbles To 28-month Low Amid Brexit Uncertainty

    by , 12-06-2018 at 06:55 AM
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    UK services sector growth slowed to its weakest level in nearly two-and-a-half years in November, amid weaker growth in both business activity and new work as Brexit concerns intensified, defying expectations for a modest improvement. The CIPS UK Services purchasing managers' index, or PMI, fell to 50.4 from 52.2 in October, marking the lowest level since July 2016.

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  4. UK PM Theresa May To Trigger Article 50 On March 29

    by , 03-21-2017 at 11:24 AM
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    British Prime Minister Theresa May will invoke the Article 50 of the Lisbon Treaty next Wednesday, March 29, thus formally beginning the process of exiting the European Union.

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