South African rand weakens as dollar rallies on risk sentiment
Rand weakened in early trade on Friday, in line with other emerging market currencies…
Britain’s economy entered recession in the second half of 2023
Britain’s economy entered a recession in the second half of 2023 after it shrank by 0.3%.
UK inflation rate unexpectedly falls to 6.7% in August
British annual consumer price inflation (CPI) unexpectedly fell to 6.7% in August, official data
UK unemployment hits lowest since 1974 but jobs boom is fading
Britain’s jobless rate hit its lowest since 1974 but the drop was due mostly to a fall in the size
As prices rise, the Post Office says Britons are turning back to cash
More Britons are turning to cash to manage their budgets as prices soar, the Post Office said on
Standard Bank weighing central bank guidance on dividends
Africa’s biggest lender by assets Standard Bank said on Tuesday it would consider guidance from
UK consumers cut back on spending again
British consumers failed to increase their spending for a record fifth month in a row in December,
BoE’s Vlieghe to vote for rate cut if data shows weak economy: FT
Bank of England (BoE) policymaker, Gertjan Vlieghe, said on Sunday he will vote for a cut in
Britons tighten belts as lending growth nears five-year low: Bank of England
Lending to British consumers grew in April at the weakest annual rate in nearly five years, a sign