Economy
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UK construction returns to growth as confidence builds
The UK construction industry returned to growth in February as an increase in commercial building helped offset a slowdown in housing, a…
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Retail footfall jumps as shoppers eye end of lockdown
Retail footfall rebounded in February, despite ongoing lockdown restrictions, industry data showed on Thursday. According to retail consultancy Springboard, footfall rose 16%…
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Sunak targets business to recover billions spent on Covid measures
UK Finance Minister Rishi Sunak on Wednesday unveiled tax rises for businesses and employees as he sought to claw back some of…
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UK Budget: Brexit disruption to hit Q1 GDP by 0.5%
Brexit disruption at the start of the year will reduce British productivity by 4% over the longer term and hit first quarter…
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UK Budget: Corporation tax to jump under Sunak’s plan
In perhaps the most widely trailed budget ever, Rishi Sunak announced his increase in corporation tax as expected but the details were…
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Corporation tax to jump under Sunak’s plan
In perhaps the most widely trailed budget ever, Rishi Sunak announced his increase in corporation tax as expected but the details were…
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UK Budget: Sunak announces eight new freeports
The government will create eight new English freeports, chancellor Rishi Sunak confirmed in his budget on Wednesday. The freeports will be at…
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UK Budget: Reactions
A round-up of reactions to the UK government’s budget from various industry lobbies and other parties. RICS’ head of UK government affairs,…
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UK Budget: UK 2021 economic growth forecast cut to 4% – OBR
Economic growth forecasts for this year were cut to 4%, reflecting the impact of the latest national Covid-19 lockdown as Finance Minister…
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UK Budget: UK economy to grow by 4% this year – OBR
Britain’s economy was expected to grow by 4% this year as it emerged from the Covid-19 pandemic, Finance Minister Rishi Sunak said…
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