UK economy

Analysis / Debt rule tweak can help UK avoid moron premium

Reeves has already pledged to fund day-to-day spending with taxes but has been vague about her borrowing plans.

UK inflation hits three-year low, fuelling rate-cut hopes

The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement

UK pay growth weakest since February 2021, REC survey show

The Recruitment and Employment Confederation and KPMG said on Monday their measure of growth in starting pay for people hired to permanent roles hit its lowest since February 2021

New blow for UK's Starmer as growth data disappoints

Gross domestic product (GDP) was 0.5 percent in the April-June period, the Office for National Statistics said in a statement, while economists expected it to have remained at 0.6-percent expansion

UK consumer sentiment sinks on fiscal worries, trade body says

British consumers have grown more gloomy over the past month following the new Labour government's removal of a welfare benefit for pensioners and warning of tax rises at next month's budget, a new survey from a trade body showed on Thursday

UK finance minister vows to 'rebuild' country

British finance minister Rachel Reeves on Monday will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference

Investors put UK election winner Labour on credibility watch

Big investors are warming to Britain after a landslide election win for its new Labour government but remain wary of placing long term bets until Prime Minister Keir Starmer can convince them his economic growth plans are credible

UK inflation slows sharply to near three-year low

Britain's annual inflation rate dropped to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch and stoking rate cut expectations

Top 10 economies to watch in 2023

It is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.

October 26, 2024
October 26, 2024

Debt rule tweak can help UK avoid moron premium

Reeves has already pledged to fund day-to-day spending with taxes but has been vague about her borrowing plans.

October 16, 2024
October 16, 2024

UK inflation hits three-year low, fuelling rate-cut hopes

The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement

October 7, 2024
October 7, 2024

UK pay growth weakest since February 2021, REC survey show

The Recruitment and Employment Confederation and KPMG said on Monday their measure of growth in starting pay for people hired to permanent roles hit its lowest since February 2021

September 30, 2024
September 30, 2024

New blow for UK's Starmer as growth data disappoints

Gross domestic product (GDP) was 0.5 percent in the April-June period, the Office for National Statistics said in a statement, while economists expected it to have remained at 0.6-percent expansion

September 26, 2024
September 26, 2024

UK consumer sentiment sinks on fiscal worries, trade body says

British consumers have grown more gloomy over the past month following the new Labour government's removal of a welfare benefit for pensioners and warning of tax rises at next month's budget, a new survey from a trade body showed on Thursday

September 23, 2024
September 23, 2024

UK finance minister vows to 'rebuild' country

British finance minister Rachel Reeves on Monday will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference

July 7, 2024
July 7, 2024

Investors put UK election winner Labour on credibility watch

Big investors are warming to Britain after a landslide election win for its new Labour government but remain wary of placing long term bets until Prime Minister Keir Starmer can convince them his economic growth plans are credible

May 22, 2024
May 22, 2024

UK inflation slows sharply to near three-year low

Britain's annual inflation rate dropped to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch and stoking rate cut expectations

January 1, 2023
January 1, 2023

Top 10 economies to watch in 2023

It is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.

October 1, 2015
October 1, 2015

Global economy loses steam as Chinese, European factories falter

World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and US activity steady.