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Matthew Davies

Matthew Davies


Articles

UK inflation fell slightly in March but remains the highest in western Europe.
UK inflation dips but remains in double digits

Overall inflation remains stubbornly high at 10.1 per cent, with food prices rising at their fastest rate in 45 years, according to official figures

UKApril 19, 2023
Traders at the New York Stock Exchange after Credit Suisse shares fell more than 25 per cent, on March 15. The Dow Jones opened more than 600 points lower. AFP
Flash crash at SVB to trigger long-run credit crunch

Events at Silicon Valley Bank and Credit Suisse were contained but could they be indicative of another financial crisis to come?

UKApril 13, 2023
Analysts believe that subdued consumer activity will hold back economic growth in the UK for some time to come. AP
UK economy shows no growth in February

Impact of education and public services strikes wipes out boost in retail and construction

UKApril 13, 2023
Graphene molecular structure
UK graphene company in $1 billion UAE deal

Partnership 'to make a substantial impact on global CO2 emissions'

UKApril 12, 2023
London's share market is increasingly losing out on IPOs and primary listings to New York and European exchanges. Reuters
Holiday Inn boss says London stock market 'not attractive'

Head of InterContinental Hotels Group warns the UK capital's advantage is slipping away

UKApril 12, 2023
Tony Danker, above, will be replaced by Rain Newton-Smith, formerly the CBI's chief economist. Reuters
UK business group dismisses its chief following misconduct claims

The head of the Confederation of British Industry is dismissed after investigation

UKApril 11, 2023
Shoppers on London's Regent Street on Tuesday, April 4. Photographer: Hollie Adams / Bloomberg
UK inflation slowing but still strong, survey shows

A poll by BDO shows that inflation is at its lowest point in a year

UKApril 10, 2023
A sign outside a house in London. UK house price growth has fallen consistently since hitting a peak of 12.5 per cent in June last year. EPA
UK posts weakest house price growth since October 2019

The average house in UK is now priced at £287,880, according to Halifax House Price Index

UKApril 06, 2023
A sign inside a building for Spaceport Cornwall, at Cornwall Airport Newquay.
UK space industry 'thriving' despite Virgin Orbit bankruptcy

Spaceport Cornwall in talks with other satellite-launching companies and have two missions planned for Scotland

UKApril 05, 2023
A Virgin Boeing 747-400 aircraft sits on the tarmac, with Virgin Orbit's LauncherOne rocket attached to the wing, ahead of the first UK launch at Newquay Airport in Britain in January. Reuters
Virgin Orbit files for bankruptcy

Move comes days after the satellite launch company announced 85 per cent cut of workforce

UKApril 04, 2023
Output in UK manufacturing dipped again in March. PA
UK factory output declines in March amid continued downturn

British manufacturers report lower activity for last month, but supply chain problems seen easing

UKApril 03, 2023
Labour leader Sir Keir Starmer on a visit to the Workshed Foundry in Swindon, Wiltshire. PA
Can Britain's Labour win the business vote with its 'Prawn cocktail 2.0' campaign?

The opposition party may be well ahead in the polls - but they are taking nothing for granted with one influential constituency

WeekendMarch 31, 2023
A repurposed Virgin Atlantic Boeing 747 aircraft carrying Virgin Orbit's LauncherOne rocket at Cornwall Airport in Newquay, Britain. PA
Shares in Virgin Orbit plunge as funding dries up

Satellite launch company running out of funding as it loses 85% of its workforce

UKMarch 31, 2023
The Bank of England in London. New figures show the UK economy grew by 0.1 per cent between October and December. EPA
UK economy expanded slightly at end of 2022, data shows

Britain's economy managed a tiny amount of growth in the last quarter of last year, according to ONS estimates

UKMarch 31, 2023
The housing market is slowing down due to high inflation and rising borrowing costs, the lender said. EPA
UK house prices fall more than expected in March

Figures from Nationwide show biggest decline in 14 years

UKMarch 31, 2023
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