Bank of England Governor Announces Inflation Rise

The governor of the Bank of England, Mark Carney, has announced that the fall in the value of Sterling will result in a rise of inflation on goods and services, starting with food prices in the next few years. Mr. Carney spoke at a public roundtable where he announced the rise, and warned that the [...
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UK Economy Remains Stable in Brexit Aftermath

The Office for National Statistics (ONS) has reported that the UK economy has yet to suffer the anticipated decline as a result of the UK’s decision to leave the EU. Despite warnings of an economic collapse due to the Brexit vote, Britain’s economic performance over the summer has remain...
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Brexit Possibly Delayed to Late 2019

LONDON, Aug 14 (Reuters) – Britain’s exit from the European Union could be delayed until at least late 2019 because the government was too “chaotic” to start the two-year process early next year, the Sunday Times reported, citing sources it said were briefed by ministers. Bri...
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