UK
Nuclear 'cheapest low-carbon option' for UK energy
May 09, 2011Nuclear power will remain the cheapest way for the UK to grow its low-carbon energy supply for at least a decade, according to government advisers. But renewables should provide 30-45% of the nation's energy by 2030, says the Committee on Climate Change...
UK economy grows by 0.5% in first quarter of 2011
April 27, 2011The UK economy grew by 0.5% in the first three months of the year. The Office for National Statistics' (ONS) first estimate of economic activity shows a recovery from the 0.5% contraction recorded for the last three months of 2010. The news alleviates...
UK economy suffers 0.5% contraction
January 25, 2011The UK's economy suffered a shock contraction of 0.5% in the last three months of 2010, figures have shown. The severe weather hit activity in the quarter, but the Office for National Statistics (ONS) said even if the weather impact had been excluded...
UK inflation rate rises to 3.7%
January 18, 2011UK inflation jumped in December with the Consumer Prices Index (CPI) rising to 3.7%, up from 3.3% in November. Retail Prices Index (RPI) inflation - which includes mortgage interest payments - rose to 4.8% from 4.7%. The rise will put further pressure...
BAA says December's cold weather cost it £24m
January 12, 2011The severe weather in December cost UK airports operator BAA £24m, the company has said. Many thousands of air passengers were affected in December as Heathrow and other airports closed temporarily. BAA said it had handled 7.2 million passengers...
UK economic growth rate slowing, BCC says
January 11, 2011UK economic growth slowed in the fourth quarter of 2010, "raising concerns about a sustainable recovery", the British Chambers of Commerce (BCC) has said. It estimates the economy expanded by 0.4%-0.5% in October-December, a slowdown on the...
Growth slows in Europe's leading economies
November 12, 2010The pace of economic recovery has slowed in Europe's major economies, according to official estimates. Germany, Europe's largest economy, has seen a sharp slowdown in the third quarter, with growth of 0.7% compared with the record expansion of 2.3...
Volcanic ash disrupts European air traffic again
May 17, 2010By Tom Rivers Air travel through British airspace, and a few points beyond, is once again being affected by a volcanic ash cloud making its way south from Iceland. In Northern Ireland, Scotland and England, some airports were completely shutdown. Ireland...
British PM: Rough economic times ahead
March 11, 2010By Sonja Pace British Prime Minister Gordon Brown says the country's economic recovery remains fragile and requires a steady hand to guide it through rough times ahead. It was billed as an important economic address and British Prime Minister Gordon...
Fears of Dubai default eased, but global financial problems remain
December 01, 2009Dubai World is the state-run conglomerate which is largely responsible for transforming the small desert emirate of Dubai into a playground of the super-rich. That just made the shock all the greater last week when the company announced it is asking...