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Author Archives: Top News Editor

Carney Defends Bank Of England’s Brexit Analysis

Bank of England Governor Mark Carney on Tuesday defended the central bank’s analysis that a no-deal Brexit would cause a severe recession in the UK, the kind not even seen during the global financial crisis a decade ago. Responding to ...

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UK Construction Sector Expands Most In 4 Months

British construction sector expanded at the fastest pace in four months in November, thanks to an increase in new work and consequent gains in job creation, though Brexit concerns damped expectations for the months ahead. The CIPS construction Purchasing Managers’ ...

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Eurozone Inflation At 3-Month Low, Jobless Rate Steady

Eurozone’s consumer price growth eased to its lowest level in three months in November and the core figure unexpectedly eased, amid slower growth in food and energy inflation, preliminary figures from Eurostat showed on Friday. Separately, Eurostat reported that Eurozone’s ...

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