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William Schomberg

UK employers defy approach of Brexit with hiring spree

Mar 19 2019

LONDON British employers ramped up their hiring at the fastest pace since 2015 in the three months to January as the labour market defied broader Brexit weakness in the overall economy. | Video

UK to launch 'early warning' indicators for next economic shock

Mar 18 2019

LONDON Britain will launch a new set of early warning indicators aimed at spotting the next big economic downturn more quickly, based on the volume of road traffic, businesses' value-added tax returns and how long ships spend in port.

Brexit spurs biggest cut in UK business investment in 10 years - BCC

Mar 18 2019

LONDON British companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc, an employers group said on Monday.

Hammond offers more spending, lower taxes if a Brexit deal is done

Mar 13 2019

LONDON British finance minister Philip Hammond said on Wednesday he could free billions of pounds for extra public spending or tax cuts, as long as parliament resolves its Brexit impasse.

UK would cut tariffs, have no checks on Irish border in no-deal Brexit

Mar 13 2019

LONDON Britain said it would eliminate import tariffs on a wide range of goods and keep the border between Ireland and Northern Ireland free of customs checks if it leaves the European Union without a transition deal. | Video

EU bleibt nach May-Schlappe bei Brexit hart - "Es ist vorbei"

Mar 13 2019

London/Brüssel Nach dem zweiten Nein des britischen Parlaments zum Brexit-Vertrag steht ein geordneter Austritt des Vereinigten Königreichs aus der Europäischen Union auf der Kippe.

UK house prices show surprise spike higher in February - Halifax

Mar 07 2019

LONDON British house prices showed their biggest monthly jump since at least the 1980s in February, leaping by 5.9 percent from January, data from mortgage lender Halifax showed on Thursday.

UPDATE 1-UK house prices show surprise spike higher in February - Halifax

Mar 07 2019

LONDON, March 7 British house prices showed their biggest monthly jump since at least the 1980s in February, leaping by 5.9 percent from January, data from mortgage lender Halifax showed on Thursday.

Bank of England to offer euros to banks to avoid Brexit crunch

Mar 05 2019

LONDON The Bank of England said it will offer more euros to banks in Britain to avoid any cash crunch after Brexit and warned that other European Union countries are not fully ready for the possible no-deal hit to the financial system.

UK economy near standstill as Brexit approaches, surveys show

Mar 05 2019

LONDON Britain's economy came close to stagnating again in February as services companies, preparing for Brexit, cut staff at the fastest rate in more than seven years and consumers reined in their spending, surveys showed on Tuesday.

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