UK economy: ‘No overall improvement’ for business in first quarter

According to the British Chamber of Commerce’s (BCC) quarterly outlook, there was “no overall improvement” in business conditions during the first three months of 2024, as measured by investment, ... Read More

UK businesses expand at fastest pace in 11 months, PMI survey shows

British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a bigger rebound from last year's shallow ... Read More

UK recession may already be over, says Bank of England boss

The UK recession may already be over and there are now ... On Friday, the Office for National Statistics said the economy shrank by 0.3% between October and December. It had already contracted ... Read More

UK economy: Shoppers splashing out boosts economy in January

A big January sale helped bring in custom, but he said it had eaten into his small ... dragged the UK into a recession at the end of 2023. The economy shrank by 0.3% between October and December ... Read More

UK private sector grows at fastest rate for 11 months

Economists said the data is a further signal that the UK’s economy gained momentum to leave the recession seen at the end of 2023. Read More

UK growth slows again in October as rebound stalls

"GDP could rise by 6.1% next year in the event we get a Brexit deal, while growth could prove lower at 3.3% if there ... is set to cause the UK economy to shrink again. Business lobby group ... Read More

UK unemployment rises and wages growth falls in recession

Employers cut back on hiring new staff in three months to January as slowdown bites Unemployment rose and wage growth ... in the economy. The unemployment rate rose unexpectedly to 3.9 in January ... Read More

Live news: Cancer drug sales propel AstraZeneca to 18% revenue growth

Revenues from the data business, which accounts for the majority of earnings, rose 4.3 per cent. Equity market activity rose just 1.6 per cent. Profits hit £1.9bn, a 7.6 per cent rise ... May, in ... Read More

UK wage growth points to another rate hike but jobless rate rises

LONDON: Another record month for British pay growth put the ... still have further to rise because of stubborn inflation pressures. The unemployment rate rose to 4.3% in the three months to ... Read More

UK wage growth expectations hits a two year low

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Private sector job growth rises more than expected in March

Wage growth ... 3.9%. ADP numbers can differ drastically from the official government count and have historically been an unreliable indicator of what's to come. Get a brief on the top business ... Read More