The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for the UK economy, as set out in the accompanying November Monetary Policy Report.
London [UK], February 12 (ANI): The UK economy has suffered its biggest slump in more than three centuries last year, with GDP falling by nearly 10 per cent over the course of 2020.
Mumbai (Maharashtra) [India], February 10 (ANI): Tata Consultancy Services (TCS) said on Wednesday it will recruit 1,500 technology employees across the United Kingdom over the next year.
London [UK], August 12 (ANI): Amid the raging coronavirus pandemic, United Kingdom's economic output shrank by 20.4 per cent in the second quarter of 2020.
London [UK], June 12 (Sputnik/ANI): The month-on-month index of the industrial output in the United Kingdom declined by over 20 per cent in April, the biggest drop since the UK started to report such statistics, the Office for National Statistics (ONS) said on Friday.
London, July 29 (ANI): Lawmakers in Britain believe that a third runway at the Heathrow airport is the major infrastructure project that will benefit the U.K.'s economy post Brexit.