UK economic growth accelerated in April as lockdown rules eased

LONDON (BLOOMBERG) – The British economy gathered momentum in April as shops, hairdressers and restaurants serving outdoors reopened for business after months of lockdown to fight the coronavirus. Gross domestic product (GDP) rose 2.3 per cent from March, despite unexpected declines…

UK loses 700,000 jobs to pandemic as pressure mounts for aid

LONDON (BLOOMBERG) – Britain has lost almost 700,000 jobs in the coronavirus crisis, a blow to the economy that will heap further pressure on the government to extend its wage-support programs. The number of employees on payrolls in August is…

No-trade deal Brexit fears rise as talks stuck on state aid

LONDON/BRUSSELS (Reuters) – The chances of Britain leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London’s insistence that it have full autonomy over its state aid plans, negotiators and diplomats said.…

Johnson fears loss of UK's power and magic if Scotland breaks away

LONDON (Reuters) – Prime Minister Boris Johnson warned on Monday that Britain would be weaker if the union that binds its four nations were broken – his latest rejection of a growing push for Scottish independence. Disagreements between Britain’s constituent…