The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the ...

Britain’s Treasury chief Rachel Reeves has sought to present a rosy picture of the state of the U.K. economy, even as oil and gas prices soared in the wake of the fast-evolving Iran war that has cast ...

The Bank of England in February predicted growth of 0.9 per cent for 2026, while economists polled by Reuters expect 1 per cent growth. The OBR is also likely to revise up its unemployment rate, which ...

The Spring Statement on 3 rd March 2026 provided an update on the economy and public finances, without introducing any major ...

Oil prices latest: UK inflation forecast to spike amid fears Iran war could trigger new cost of living crisis - Price of oil has surged since US and Israel launched airstrikes towards Iran 10 days ago ...

Who knows how long the conflict will last, but the OBR warned today that the UK economy could face a “very significant” hit. ...

The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update ...

The UK’s Spring Forecast projected modest growth, easing inflation, and improving public finances—but fresh uncertainty from ...

The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the ...

Despite global uncertainties and restrictive monetary conditions, the UK economy is poised for robust growth through late 2025. While the upcoming Autumn Budget may introduce modest tax hikes and a ...

The latest estimates for inflation, unemployment, government spending and tax income will be published alongside the statement.