Gross domestic product rose 1 per cent from the third quarter, fuelled by a boom in construction and government spending
The coronavirus pandemic closed shops and restaurants and and devastated the travel industry
Government relief schemes such as furlough payments and guarantees on banks' loans to companies have cushioned banks against fallout from the crisis, but these will be wound down in coming months
The Bank of England kept its key interest rates on hold Thursday
The funding is expected to be available until July 31 this year, Xinhua news agency reported
The British economy looks set to fall back into recession after official figures on Friday showed that it shrank by 2.6% month-on-month in November
LONDON (Reuters) - London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of COVID-19, according to research by Dealroom.co and London & Partners.
British lawmakers approved post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality
British Prime Minister Boris Johnson has said the post-Brexit trade deal is a new starting point for Britain and the European Union (EU).
Britain's fishing industry is disappointed that a Brexit trade deal struck with the European Union does not represent more of a reduction in the access that the bloc currently has to British waters
Britain clinched a Brexit trade deal with the European Union, seven days before it exits one of the world's biggest trading blocs in its most significant global shift since the loss of empire
UK's trade deal with EU removes a 4-1/2-year old fear of crashing out of the bloc without trading arrangements, but it will take UK financial markets years to lose their Brexit-inflicted scars
Britain's parliament only has days to scrutinise and pass the laws needed to implement the deal before a December 31 deadline
Brexit - or "British exit" - refers to the process of the United Kingdom leaving the EU after 47 years in the economic and political alliance of European countries built from the ashes of World War 2
The last-minute trade deal between the UK and the EU means businesses will be spared new tariffs and border disruption at the start of the new year
Britain's economic recovery from its coronavirus crash was a bit quicker than previously thought in the July-September period, official data showed
Governor Andrew Bailey said the central bank had done all it could to mitigate risks from a no-deal departure from the EU on December 31, and it was ready to deal with any market disruptions
Sunak said on Thursday that he was confident and hopeful that a Brexit trade deal could be struck with the European Union - and that the shape of the deal was clear
Says health emergency not over yet & economic emergency has only just begun
Says constructive Brexit deal will 'hopefully' come