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UK Market News:,The UK stock market rose sharply on Friday, supported by defensive stock amid mounting fears around hawkish central bank and rising concern over recession. The blue-chip FTSE 100 index over 1.5% after the Office for National Statistics (ON...

• June 24, 2022 02:47 PM BST
• Priya Bhandari

- Union bosses warned of more rail strikes if talks over pay, jobs, and conditions continue to fail. The union bosses had called for a three-day strike on 21 June, which was one of the biggest rail strikes in three decades

• June 24, 2022 12:46 PM BST
• Priya Bhandari

Highlights:,Due to the decades-high inflation rate, business activity in the UK is witnessing a drop in momentum.,This comes as the cost-of-living crisis has curbed the spending power of consumers.,The UK economy is going through tough times. Gross Domest...

• June 24, 2022 09:15 AM BST
• Abhishek Sharma

Highlights,Confidence level among Britain’s consumers fell to the lowest level this month since the record began in 1974, with inflation rising faster than wages and looming recession.,Long-running Consumer Confidence Index fell to -41 in June from -40 in...

• June 24, 2022 08:35 AM BST
• Priya Bhandari

Debt interest payments of UK have hit record-high levels in May.

• June 24, 2022 08:30 AM BST
• Rishika Raina

Highlights:,Amid the skyrocketing inflation levels, the net borrowing by the government hit £14 billion in May.,The interest payment on government debt also rose by 70% over May 2021.,Inflation,in the UK continues to rise at an alarming rate. In May, it r...

• June 24, 2022 06:15 AM BST
• Abhishek Sharma

UK Market News:,The UK stock market witnessed fresh strain on Thursday after ONS showed that the government borrowed £14 billion in May, significantly higher than economists' forecast. The FTSE 100 index shed over 0.50%, touching a low of 7,015.06, before...

• June 23, 2022 04:09 PM BST
• Abhishek Sharma