Tag: UK economy
Motability Scheme Embraces UK Manufacturing, Drops Luxury Car Options
The system providing subsidized vehicles to disabled drivers is undergoing substantial restructuring through Motability's latest comprehensive policy announcement. The scheme has revealed plans to...
UK Rate Cut Imminent: Bank of England Responds to Economic Squeeze
The Bank of England is widely anticipated to cut its benchmark interest rate this Thursday, with City traders strongly predicting a quarter-point reduction to...
UK Job Market Woes Prompt BoE to Eye Deeper Rate Reductions
Concerns over a weakening UK job market have prompted Bank of England Governor Andrew Bailey to suggest the possibility of more aggressive interest rate...
UK Business Confidence Crashes to Two-Year Low Amid Tax Hikes and US Trade Tensions
UK businesses are facing a sharp crisis of confidence as new data reveals sentiment has plummeted to its lowest level in over two years,...