Rating agency Fitch raised Britain’s outlook to ‘stable’ from ‘negative’ on Friday, saying macroeconomic, labour market and fiscal outturns since the start of 2021 showed the economy was more resilient to the impact of the pandemic shock. “The roll-out of the UK’s coronavirus vaccination programme has been rapid…which could dampen Continue Reading

The UK’s retail sales unexpectedly dipped month over month in May as consumers forgo shopping to dine in restaurants, although the figures remained above the pre-COVID-19 levels, the Office for National Statistics said Friday. Headline retail sales fell 1.4% in May on a monthly basis, while core retail sales, which Continue Reading

The UK’s gross domestic product is expected to return to pre-COVID-19 levels by the end of 2021, a year ahead of the original guidance, the Confederation of British Industry said Friday. The CBI expects GDP growth of 8.2% in 2021 and 6.1% in 2022, compared with the previous forecast of Continue Reading

Britain’s government will extend a ban on evictions for businesses unable to pay their rent due to the coronavirus crisis until March 2022 from a previous expiry date of the end of this month, a junior finance minister said. “Existing measures will remain in place, including extending the current moratorium Continue Reading

Sunak faces £4bn bill to keep ‘triple lock’ pension pledge (msn.com)

TheCityUK conference: No ‘free pass’ for Bitcoin as BoE’s Andrew Bailey vows ‘tough love’ on crypto – CityAM : CityAM

Reuters UK and Australia agree ‘comprehensive and ambitious’ free trade deal * UK PM Johnson: Deal is sign of global trade re-opening * Deal cuts all tariffs on UK goods imports into Australia * UK says deal protects British farmers * Agreement likely to yield small boost to UK economy Continue Reading

LONDON (Reuters) – More government support for businesses is likely if there is a delay to easing Britain’s lockdown restrictions, junior health minister Edward Argar said on Monday. British Prime Minister Boris Johnson is expected to announce later on Monday that the end of COVID-19 restrictions due on June 21 will Continue Reading

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