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…
Browsing: UK economy
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.
Aljazeera says China will allow local and foreign investors access to more sectors of the economy after cutting its so-called negative list for market access.
The Guardian says Britain’s economy bounced back from the Omicron variant of coronavirus at a faster pace than expected during January, as consumers returned to eating and drinking out in pubs and restaurants.
On standard tariffs, the cap on average annual gas and electricity use will increase by £139 to £1,277 per year. This method is now used by 11 million households in the UK. The annual cap on pre-paid energy, which is used by nearly four million homes, will rise by £153 to £1,309, a 13 percent increase.
BORIS JOHNSON has been handed a three-point blueprint that the Treasury can put into action in a move that could firmly cement the UK’s economic lead over the European Union.
Bank of England: Economy to rebound strongly due to vaccine The UK’s rapid vaccination programme will help the economy rebound strongly this year, according to…
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Rishi Sunak has warned Britain that its Covid-19 economic emergency has only just begun after responding to news of the deepest slump in more than 300…
Nearly 700,000 UK job losses through pandemic Job losses in the UK have hit almost 700,000 through the coronavirus pandemic. The labour market took a…
UK economy grew 6.6% in July, continues to recover for a third straight month The UK economy grew by 6.6% in July, according to official…