Theresa May expresses her optimism about Britain’s economic success while UK business outlook seems ominous

UK Prime Minister Theresa May attended the annual Confederation of British Industry (CBI) conference on Monday where she expressed her confidence about the country’s economic outlook in an attempt to seek business support ahead of the harsh period till the conclusion of the Brexit deal. However, a quarterly report published from data firm IHS Markit […]

Will Cameron succeed in keeping UK inside the EU and reverse the present economic downturn?

Markit released yesterday its Chartered Institute of Procurement and Supply (CIPS) Services Purchasing Manager’s Index (PMI) which rose to 53.7 in March showing that the UK services growth has only slightly increased compared to February’s 52.7. Also, the first quarter of this year was characterized by Markit analysts as the weakest in terms of output […]