Rainfall washes out retail sales in March UK retail sales dropped by 0.9% in March compared to February, according to the Office for National Statistics…
Browsing: UK economy
Food prices rise at fastest rate for 45 years The cost of living rose more than expected last month due to the rising prices of…
More people looking for work as vacancies fall The latest official figures suggest that the uncertain economic outlook is affecting employment, with a rise in…
UK firms have sharpest rise in confidence since 2020 UK chief financial officers (CFOs) have seen the sharpest rise in confidence since 2020, according to…
Strike action sees UK economy flatline in February The UK economy experienced no growth in February due to strikes by public sector workers, according to…
Interest rates likely to fall to pre-Covid levels, IMF predicts A new International Monetary Fund (IMF) forecast suggests that interest rates in major economies are…
More people entertaining at home amid cost of living crisis Sales of home accessories and furniture increased sharply in March, according to the British Retail…
New tax year: Bills and benefits rise, but tax rise risk looms The new tax year has started with warnings for people to be cautious…
UK strikes agreement to join Asia-Pacific trade bloc FT says The UK on Friday unveiled an agreement to join an 11-member Asia-Pacific trade bloc, with…
UK-Asia trade deal to boost UK economy by 0.08% The UK has signed a trade deal with 11 Asia and Pacific nations, including Australia, Canada,…
UK supermarket inflation hits record high The UK is experiencing record-high supermarket price inflation, with a 17.5% increase in grocery prices in the four weeks…
CITY AM – UK economy not out of the woods yet UK recession still on the cards after aggressive Bank of England interest rate hikes…
UK borrowing in February hits highest level since record began According to the Office for National Statistics (ONS), government borrowing in February hit its highest…
Workers £11,000 worse off a year due to stagnant wages – Resolution Foundation Research shared exclusively with BBC Panorama by the Resolution Foundation think tank,…
Wages rise at fastest rate in 20 years but still fail to keep up with inflation Newly published figures from the Office for National Statistics…
UK economy narrowly avoided recession last year Newly released figures show the UK narrowly avoided falling into recession in 2022 after the economy saw zero…
UK to be only major economy to shrink in 2023, IMF predicts The International Monetary Fund (IMF) has predicted the UK economy will be the…
Britain will suffer more than most advanced nations from soaring inflation and higher interest rates.
The slight rise was supported by the technology sector and a strong showing by pubs amid a boost from the World Cup in Qatar.
Official data shows the UK economy unexpectedly shrank in August for the first time in two months.
The Metro says the UK economy could be heading for a recession and the cost of living will rise even higher.
The Independent says the UK economy shrank in March, as soaring living costs and the war in Ukraine hindered recovery from the pandemic.
The Metro says Brits face a further squeeze on their household incomes after the rate of inflation rose to another 30-year high.
Sky News says the UK economy grew at a rate of 1.3% in the last three months of 2021, a faster pace than first thought and bringing GDP to just below pre-pandemic levels.
The Independent says the UK economy grew at a faster pace than first thought in the final three months of 2021 despite the spread of the Omicron variant of coronavirus, according to official figures.