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Showing 1 - 10 of 58 results for "UK economy"

IFM Investors, Nest complete first UK investments

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... decarbonisation business in the Midlands and North of England. These projects were selected to target essential areas of the UK economy, helping to create jobs in the local community, drive decarbonisation, support the government's regional growth agenda ...

Australian super funds 'important' for the UK economy

MATTHEW WAI  |  TUESDAY, 14 OCT 2025
Australian superannuation funds continue to play an "increasingly important" role in the UK economy, with a group of local super fund leaders set to head there later this month to explore more collaborative investment opportunities. The Australian Superannuation ...

Nest drops $930m into new IFM Investors fund

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... communities and the infrastructure they use," she said. "This new IFM fund further shows our commitment to supporting the UK economy... and we look forward to co-creating more opportunities on behalf of our members." The investment aligns with Nest's ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... passengers annually, Macquarie said. They contribute approximately $3.91 billion (£2 billion) in gross value to the UK economy per year and support more than 30,000 jobs. AGS Airports was established as a 50:50 joint-venture between Macquarie and Ferrovial ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... and consumer confidence, alongside higher output levels due to the phased reopening of customer-facing areas of the UK economy." The flash UK manufacturing PMI soared to 66.1 in May - the highest since 1992 - from the final reading of 60.9 in the previous ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. It has "shrunk by 10% -- the largest fall in over 300 years; and "since March, over 700,000 people have lost their jobs" ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... government worked from home - implementing support measures amounting to around 5% of GDP. Still, latest data show that the UK economy is heading for an even deeper dive. UK GDP growth plunged by 10.4% in the three months to April following a 2.0% contraction ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... "horrible" events which happened to the royal family back then but she might as well have described the state of the UK economy. UK GDP growth shrank for the seventh straight quarter in June 1992 and the pound sterling was forced out of the Exchange ...

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
... which occurred due to changes in Lloyds Banking Group's reporting assumptions given the "expected deterioration in the UK economy" as a result of COVID-19. Lloyds' underlying profit was £558 million compared to more than £2.1 billion in the first quarter ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... at the end of this year, the possibility of a no-deal divorce will continue to remain a nagging uncertainty for the UK economy. Looks like incoming BOE Governor Andrew Bailey would have to hit the ground running.
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