UK economy to feel the ripple effect of slow boat from China
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FOR the past two years, Asian stock markets have been high on the favoured list for Britainâs pension and life assurance funds. Asia, particularly China, has offered the double attraction of strong current
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The British economy has grown at a slower pace than previously thought during the second quarter, owing to weak output from health and gambling sectors.
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UK manufacturers see a surprise fall in costs, figures show, indicating inflationary pressure may be easing.
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The Bank of England is expected to leave interest rates on hold again Thursday despite concerns over the impact of the global credit squeeze on the local economy.
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LONDON (CBS.MW)-- The Organization for Economic Co-operation and Development expects Chinese economic growth to slow to 8 percent in 2005, reflecting high oil prices and new government measures, AFX news reported from Paris.
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Global stock markets slip on fears about China, with the UK's FTSE 100 posting its biggest drop in nine months.
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The UK's manufacturing sector shows an unexpected slowdown in September, easing pressure on the Bank of England to raise interest rates again.
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The recent financial markets chaos which plagued banking group Northern Rock could put the brakes on Britain&#39;s economic growth, the OECD research institute warned Thursday.
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Chinese economic growth will slow to 10.2% in the first quarter of 2007, a government think-tank says.
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The UK economy is set to slow markedly in 2005, Deloitte warns, with growth of just 2%.
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Britain&#39;s trade deficit has dropped in April to the lowest level for nearly two years, official data showed on Tuesday.
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The British economy braked sharply in the third quarter when growth slowed to 0.4 percent, the weakest pace for over a year, as a string of interest rate rises took effect, official figures showed.
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A soft landing for China&#39;s booming economy was not yet a sure thing, the International Monetary Fund said on Wednesday, despite a raft of measures by Beijing to slow investment in overheated sectors.
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China's economic growth is expected to slow slightly next year to a still robust 10.9 percent, with inflation at 4.5 percent, the central bank's research bureau said in a forecast reported Friday by a government newspaper.
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Global markets slump, with the UK having its worst day in almost nine months, on fears about Chinese investments.
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Interest rate hikes won't slow China's overheating GDP. Expect new controls on investment and credit.
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The UK&#39;s economic growth slowed in the third quarter as manufacturing output declined, preliminary data has shown. Gross domestic output (GDP) increased 0.4% in the three months to 18 October, according to