Trends - UK economy - Business Recorder

UK economy

UK economy in October suffers first back-to-back declines since 2020

LONDON: Britain’s economy shrank for a second month in October in the run-up to the new government’s first...

Published 16 Dec, 2024 06:08am

Business & Finance

Dollar heads for strongest week in a month

NEW YORK: The dollar headed for its best weekly performance in a month on Friday, as investors priced in the...

Published 14 Dec, 2024 06:46am

World

UK economy grows by just 0.1% in Q3

Britain’s economy grew by a slower than expected 0.1% in the third second quarter of 2024, official figures showed...

Published 15 Nov, 2024 12:12pm

Business & Finance

UK economy grows in May, boosting new government

LONDON: Britain’s economic output grew better-than-expected in May, official data showed Thursday, handing an early...

Published 11 Jul, 2024 12:36pm

Markets

London midcaps touch more than two-year highs as Labour Party returns to power

LONDON: Britain’s domestic-focused stocks logged their best week in more than five months on Friday after a...

Published 06 Jul, 2024 06:15am

World

Bank of England warns of economic risks from elections

LONDON: Policy uncertainty linked to upcoming elections in France and the United States has increased the risk of...

Published 27 Jun, 2024 06:51pm

Business & Finance

Sterling bows to dollar strength after UK GDP data

LONDON: The pound eased on Thursday after data confirmed the UK economy entered recession in the second half of last...

Published 30 Mar, 2024 04:58am

World

UK economy returns to modest growth at start of 2024

LONDON: Britain’s economy returned to growth in January after entering a shallow recession in the second half of...

Published 14 Mar, 2024 03:00am

World

Improving UK economy would be no election game-changer for Sunak

MANCHESTER (England): Falling inflation, the prospect of interest rate cuts and signs that Britain’s economy is...

Published 07 Feb, 2024 05:30am

Markets

Sterling steady, dollar wobbles as markets brace for post-Thanksgiving buzz

SINGAPORE: The dollar kicked off the last week of November on the back foot while sterling held near an over...

Published 27 Nov, 2023 10:06am

World

UK air traffic control outage ‘1 in 15 million’ event: boss

LONDON: The head of British air traffic control on Wednesday blamed a “one in 15 million” event that caused the...

Published 06 Sep, 2023 05:14pm

Business & Finance

UK borrows less than expected in July

LONDON: Britain recorded a smaller-than-expected budget deficit in July, official data showed on Tuesday, giving...

Published 28 Aug, 2023 06:27am

Business & Finance

UK economy grows unexpectedly in Q2 but still lags peers

LONDON: Britain’s economy eked out unexpected growth in the second quarter, laying the ground for more interest...

Published 15 Aug, 2023 06:30am

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

World

UK food price inflation to be 9% in December, industry researcher cautions

LONDON: Food price inflation in Britain will decline through the balance of 2023 but will still be about 9% in...

Published 13 Jul, 2023 06:07pm

Business & Finance

UK economy grows as expected in April, driven by services

LONDON: British economic output inched higher as expected in April, driven by the retail sector and the filming...

Published 14 Jun, 2023 12:16pm

World

UK PM Sunak: It's on me personally to meet pledge to halve inflation

WASHINGTON: British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails ...

Published 07 Jun, 2023 10:56pm

Business & Finance

IMF says UK economy to grow this year in big U-turn

LONDON: The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth...

Published 24 May, 2023 05:57am

Business & Finance

Inflation-fighting Bank of England eyes 12th rate hike

LONDON: The Bank of England is forecast Thursday to deliver its twelfth straight interest rate hike as it seeks to...

Published 11 May, 2023 11:24am

Business & Finance

UK recession risks persist despite brighter growth data

LONDON: The UK economy performed slightly better than thought in the final quarter of last year, revised data showed...

Published 03 Apr, 2023 07:35am

World

Sky-high UK childcare costs hit women’s careers

LONDON: Increased childcare funding is expected to feature in the UK government’s budget this week, in a bid to ease...

Published 14 Mar, 2023 01:05pm

Business & Finance

Britain says global accounting rule is crimping its economy

LONDON: A central plank of global accounting rules has become a “performance penalty” which holds back ...

Published 27 Feb, 2023 06:17am

Pakistan

Study in the UK: British Council announces STEM scholarships for women

21 UK universities offer women from Pakistan the opportunity to study a fully-funded master’s degree in the UK

Published 24 Feb, 2023 06:29pm

World

UK economy shows unexpected pep in February

LONDON: Britain looks on course to sidestep a forecast recession as businesses reported an unexpected bounce in...

Published 21 Feb, 2023 03:49pm

Business & Finance

FPCCI sees massive potential of increase in trade with UK

Chamber says trade with European nation can rise by 20-30% on annual basis

Published 13 Feb, 2023 07:37pm

Business & Finance

UK skirts recession with zero fourth-quarter growth

LONDON: Britain’s economy avoided recession after flatlining in the last three months of 2022, but finance ...

Published 13 Feb, 2023 05:57am

Business & Finance

UK PM shuffles cabinet to bolster economy

LONDON: British Prime Minister Rishi Sunak reshuffled his cabinet on Tuesday, breaking up two departments to better...

Published 08 Feb, 2023 06:39am

Opinion

Britain takes fight to restore investor faith into 2023

Major investors are rethinking their support for Britain’s economy following months of political turmoil and...

Published 17 Dec, 2022 05:58am

Business & Finance

UK economy rebounds in Oct

LONDON: Britain’s economy rebounded in October a little more strongly than expected from September when output was...

Published 13 Dec, 2022 07:38am

Business & Finance

UK’s Compass, world’s largest caterer, sees profits triple

LONDON: Britain’s Compass, the world’s largest caterer, on Monday said annual profits had tripled as companies...

Published 28 Nov, 2022 05:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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