Entries by admin

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UK lags behind EU economic growth in Q3

EU economic growth was estimated to have increased by 0.6% in the third quarter as opposed to the UK’s 0.4%. The Eurostat figures show the differences in fortunes between Britain and the single currency area during Brexit talks. The 19 members grew 0.2% faster in the three months to September this year. Eurozone GDP growth of […]

Confidence in UK housing sector hits half-decade low

The Halifax bank survey showed 20% of people think house prices will drop because of rising inflation and the potential of an increase in interest rates. This is the weakest reading since October 2017 and people under the age of 25 and living in London are the least optimistic. Correlated alongside this is the weak […]

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UK car manufacturing falters in September

The fall in UK car manufacturing was predominantly attributed to an overall fall in demand of 14% in the UK market. UK car output fell 4.1% to 153,224 vehicles last month. The months of April, May, June and August also saw declines. Domestic demand declined by a large sum to 31,421 units (14.2%) in September. […]

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UK economy beats 2017 third-quarter expectations

The British economy grew by 0.4% in the third quarter but difficulties still lie in the current Brexit landscape. Gross domestic product (GDP) grew 0.4% from the period July to September, which is up from the 0.3% of the last quarter and 0.1% higher than initially expected, according to the Office for National Statistics figures. This small […]

Virgin Trains to auction first class seats via app

East Coast train line operator Virgin Trains is to allow passengers to bid for first class tickets via a smartphone app, in a move it describes as a global first. The Seatfrog app will enable passengers to bid for upgrades up to 30 minutes before departure, with upgrades potentially costing as little as £5, according […]

Michael O’Leary reacts to Ryanair “mess”

Ryanair CEO Michael O’Leary has responded to the airline’s mass cancellation of flights with an apology, several days after the issue first reared its head. The Irish airline is in crisis mode, cancelling dozens of flights a day as it struggles with a backlog of annual leave. Media reports this weekend were dominated by inconvenienced […]

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Brexit on agenda as British Irish Chamber meets Brokenshire

UK secretary of state for Northern Ireland James Brokenshire discussed Brexit with chambers of commerce from across Ireland at a British Irish Chamber of Commerce working lunch at KPMG in Dublin yesterday. The UK/EU departure talks were top of the agenda, with Brokenshire reiterating the UK government’s commitment to “frictionless trade on the island of […]