UK TRADE AND BUISNESS

The steel industry has been facing a tough time in Britain. As the entire industry threatens to collapse, thousands of jobs are at stake. If this all sounds like you’ve heard it before, then chances are you lived through the 80s. In that decade of Tory rule, Margaret Thatcher’s party dismantled several industrial mainstays in […]

The United Kingdom has lost £6.6 billion in economic activity every quarter since it voted to leave the European Union, according to S&P Global Ratings, the latest company to estimate the damage from Brexit. Report from Reuters In a report published on Thursday, the ratings agency’s senior economist, Boris Glass, said the world’s fifth-biggest economy […]

The approach of Brexit was felt in Britain’s factories in November as companies stocked up on parts to counter any border delays and exports suffered a rare back-to-back fall, a survey showed on Monday. By Reuters The IHS Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) rose to 53.1 from 51.1 in October, its weakest reading since […]