The UK economy shrank in May even after the worst of Donald Trump's tariffs were paused, official figures showed.

The new data are at odds with previous predictions. Economists surveyed by Bloomberg forecast a 0.1% increase in GDP for May.

Britain's economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven ...

Bank chief says world ‘too unpredictable’ when forecasting UK economic outlook - Andrew Bailey said he viewed domestic issues as more important than global ones when it comes to setting ...

The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National ...

Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, central bank umbrella body the Bank for International Settlements, said in its latest assessment ...

The Lloyds Bank Business Barometer rose by one point to 51%, the highest since November 2015, adding to an 11-point jump in May following a tumble in April when U.S. President Donald Trump announced a ...

Bank chief says world ‘too unpredictable’ when forecasting UK economic outlook Andrew Bailey said he viewed domestic issues as more important than global ones when it comes to setting interest ...