Fear of ‘trouble ahead’ because of low growth and sticky inflation outweighs relief brought by lower interest rates ...
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The economy is hardly in good health and another quarter bumping along the bottom is not the growth the government has ...
The UK economy unexpectedly grew in the final three months of last year following a boost to the construction and services ...
The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...
Pay increases granted by British employers held steady in the three months to January at the lowest level since 2021, ...
Britain registered unexpected growth at the end of 2024, a reprieve for the Labour government after a woeful run of economic ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking ...
Figures showed there was also no growth in household expenditure at the end of last year. Last week, the Bank of England downgraded its outlook for the UK economy. It predicted that GDP would ...
Today, the UK Office for National Statistics reported GDP for Q4 2024 at 0.1%. Although rather tepid, it topped the expectations of no growth or an economic contraction. In Q3 2024, GDP delivered ...
The UK economy showed unexpected growth in the final quarter of 2024, with the Office for National Statistics (ONS) reporting a 0.1% rise in gross domestic product (GDP). This slight increase was ...
"Higher taxes for businesses, a lingering drag from the previous interest rate hikes and softer overseas demand explain why we have revised down our UK GDP growth forecasts, from 1.3% to 0.5% for ...
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