The government reported a 0.2 percent contraction, a signal that Brexit and a global economic slowdown are taking a toll. Source: NYT > Business – Kevin Granville
Bank of England Sees ‘Volatility’ as Brexit Nears
Britain’s central bank said economic growth has probably flattened, weighed by global concerns and uncertainty over the coming departure from the European Union. Source: NYT > Business – Stanley Reed
Alan Turing Will Be New Face of £50 Note, Bank of England Says
The mathematician and computer pioneer was chosen from 227,299 nominations for notable figures in the field of science. Source: NYT > Business – Amie Tsang
Bank of England Foresees Faster Economic Growth
Britain’s central bank said it might need to raise its benchmark interest rate more than once over next three years. Source: NYT > Business – AMIE TSANG
For Many British Businesses, Brexit Has Already Happened
No one knows how the politics of Brexit will end. But the twisting road has already cooled investment and damaged the nation’s reputation as a haven for commerce. Source: NYT > Business – PETER S. GOODMAN