Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

U.K. GDP contracted -0.1% MoM in May, marking a second consecutive monthly decline and underperforming expectations. Click ...

The UK economy grew slightly in the three months to June 30, driven by strong rises in manufacturing and consumer and government spending. Gross domestic product increased 0.2% compared with the ...

Although first-quarter growth of 0.6 per cent in 2024 was the fastest since 2021, the economy is underperforming its pre-financial crisis and pre- pandemic trends. Brexit will knock 4 per cent off ...

The UK economy shrank by 0.3% in April, with the services sector and a steep drop in exports weighing heavily on growth and fuelling renewed anxiety across the financial sector.

The UK economy grew by 0.4 per cent in May, double the expected figure, driven by continued expansion in the services sector and a rebound in housebuilding.

The UK’s production sector saw an expansion of 0.8% during this period, while construction experienced a 0.9% decline. On a monthly basis, the economy grew by 0.4% in March, following a 0.2% ...

In the year to January employees got an average wage rise of 7% in the private sector and just 4.8% in the public, compared to consumer price inflation of 10.1%. Some firms have been reluctant to ...