UK Economy Set for Modest Recovery in 2025, IMF Forecasts

The IMF’s latest World Economic Outlook downgraded its forecast for UK economic growth to 0.5% for 2024, a slight decrease from previous estimates. Looking ahead to 2025, the IMF expects the UK ... Read More

UK Economy Outperforms Despite Inflationary Pressure

The recovery of the UK economy looks ... looks set to continue, even if the performance was marginally weaker than the previous month. The service sector lost some momentum in March, with activity ... Read More

UK economy’s growth points to exit from recession

Britain’s tepid economy is on course to exit a shallow recession after output grew for a second month in a row in February, and January’s reading was revised higher, official data showed last ... Read More

UK economy went into recession last year, data confirms

chief economic advisor at EY ITEM Club." "However, an acceleration in momentum this year remains on the cards." Britain's economy has shown signs of starting 2024 on a stronger footing ... Read More

Optimism on the Horizon: Positive Trends in the UK Economy

Before asking where it all leaves the UK economy ... suggest that the economy has maintained its early momentum, even if it has not yet been able to take off to a new level. Read More

China’s economic recovery loses steam as factory production contracts further

Factory activity in China has slumped to its weakest level since the country ended its zero-Covid policy in December, as its economic recovery continues to lose steam. Asian markets tumbled ... Read More

UK Economy: day of price rises and new financial policies explained

The Easter weekend closes with a bang as many households see their council tax and bills go up on what’s been dubbed ‘price hike day’. This week will also see many of the policies announced ... Read More

Economic Indicators News

SARAJEVO (Reuters) - Economic growth in the six Western Balkan countries is projected to rise 3.2% this year and 3.5% in 2025, going back to pre-pandemic averages but still too ... Read More

New Economic Reforms Vital for Country’s Economic Recovery

President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery. He urges collective ... The nation’s economy teetered on the brink of ... Read More

China's economic recovery

The new manufacturing ... that parts of China’s economy are gaining momentum in the first quarter. The readings followed better-than-expected headline economic indicators for the first two ... Read More

US Economy News Today: New Home Sales Fall In February

She has logged thousands of hours interviewing experts, analyzing data, and writing articles to help readers understand economic forces. She is the Economics Editor for news at Investopedia. Read More

UK economy went into recession last year, data confirms

LONDON (Reuters) - Britain's economy entered a shallow recession last year, official figures confirmed on Thursday, leaving Prime Minister Rishi Sunak with a challenge to reassure voters that the ... Read More