UK economy slowing down
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New figures reveal a slowdown in the UK economy in the third quarter, attributed to declining industrial production.
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The UK government says that the severe decline in Britain's farmland bird populations is slowing down.
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The pound slipped back today after data suggested the service sector is slowing down more dramatically than had been anticipated.
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The pound was weaker after comments from the Bank of England's rate-setter Kate Barker, who said the UK economy is not moving back to a high inflation environment.
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British economic growth slowed considerably in the third quarter of 2004, hit by a poor performance from the industrial sector.
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LONDON High oil prices slowed the British economy in the third quarter, a government report showed Friday, lessening the need for policy makers to tap the brakes on an economy that has consistently outpaced its Continental neighbors.
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The UK saw unemployment fall in the last three months of 2006 according to the Office for National Statistics.
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Business & money: Index of leading UK shares falls to lowest level since credit crunch began last August
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The chances of a recession are low even though UK economic growth will slow sharply, a report says.
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The pound fell a 10-month low against the dollar and its lowest level against the euro on Wednesday, amid increasing speculation the Bank of England will deliver a back-to-back rate cut to revive a slowing British economy.
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Britain&#39;s unemployment rate fell 0.1 percentage point to 4.7 percent in the latest quarter, according to official data released Wednesday.
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The number of people seeking jobless benefits in the UK falls to a 32-year low, official figures show.
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Britain's manufacturing output slipped in November, official data showed Friday, prompting analysts to warn of a potential recession in the sector this year.
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The pound slipped to seven-week lows on mounting expectations that British interest rates may have peaked in light of weak economic data.
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WASHINGTON -- The economy has slowed even more than previously thought, but the sluggish spell is not expected to turn into recession as Election Day nears.
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Higher oil prices and rising interest rates are likely to lead to a slowdown in spending on the UK High Street, business leaders predict.
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The pound has fallen to an all-time low against the euro as the outlook for the UK economy darkens.