The UK economy recovered from the Covid-19 pandemic much faster than previously thought, according to major revisions of official statistics that have erased Britain’s laggard status overnight. New ...
Britain's finance minister will announce more job protection plans on Thursday, likely to include a new wage subsidy scheme, to stem unemployment in the pandemic-ravaged economy after existing ...
Sterling fell on Monday against the euro and the dollar after data showed the UK economy slowed more sharply than expected in ...
The UK economy stalled again in July, according to the latest GDP figures from the Office for National Statistics. It marks the second month in a row where the economy has shown no growth at all – bad ...
The UK's economy grew by 0.7% in the first three months of 2025, according to the latest official figures, which was more than expected. The strength of the economy affects things like pay increases ...
The UK is grappling with stagnant growth and stubborn inflation, but will it tip over into recession? The latest World Economic Outlook from the International Monetary Fund (IMF) expects UK growth to ...
Rachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In ...
The findings come as the UK’s period of economic uncertainty continues, with the Bank of England reducing interest rates to 4%. Inflation remains well above the 2% target, with CPI at 3.6% and RPI at ...