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Britain s Battered Economy Is Sliding Toward a Breaking Point

Britain under Prime Minister Boris Johnson is running into the biggest headwinds it’s faced since the 1970s, heaping pain on an economy still reeling from…

United kingdomCity ofDavid goodmanAndrew atkinsonTony blairLuis andradeBoris johnsonPostmedia network incEuropean unionBattered economy is sliding towardBreaking pointPrime minister boris johnsonExchequer rishi sunakBloomberg economicsBloomberg economics saysAna luis andrade

British Pound Falls Against the Dollar for the First Time Since March 2020 Due to Economic Slowdown

The British pound dropped on June 15 to its lowest level against the U.S. dollar since March 2020. .

New yorkUnited statesUnited kingdomNorthern irelandJames smithBryans jungBryan jungLuis andradeEuropean central bankEuropean unionBinghamton universityUs bureau of labor statisticsFederal reserveUnited kingdom office for national statisticsLabor statisticsNational statistics

UK economy shrinks unexpectedly

In a rare event, all of the main economic sectors contracted in April,

United kingdomYael selfinAndrew baileyLuis andradeBoris johnsonOffice for national statisticsNational statisticsBloomberg economics saysAna luis andradeDiamond jubileeEngland governor andrew baileyPrime minister borisExchequer rishi sunakConservative party

UK economy shrinks unexpectedly by 0 3% as higher prices bite

Manufacturing, services and construction shrunk together for the first time since Jan 2021

United kingdomYael selfinAndrew baileyLuis andradeBoris johnsonOffice for national statisticsEngland governor andrew baileyPrime minister borisImage creditNational statisticsAna luis andradeDiamond jubileeExchequer rishi sunakConservative party

World economy: Britain s cost of living crisis intensifies as wages drop

The UK’s unemployment rate fell to its lowest since 1974 in the first three months of this year, but surging inflation is hurting the wider economy.

Frances ogradyLuis andradeUnion congressRishi sunakTrades union congressAna luis andrade

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