UK economy shrinks for second month in a row

Monthly real gross domestic product (GDP) is estimated to have fallen by 0.1% in May 2025, following an unrevised fall of 0.3% in April 2025, according to the Office for National Statistics (ONS). Read More

UK economy worries: May GDP contracts 0.1% for second straight month; BoE rate cut seen likely amid fiscal strain

Britain's economy faces a setback. GDP declined for the second month in May. This surprises economists who expected growth. Industrial output and construction declined. The Bank of England may cut ... Read More

The UK’s Downfall: Why People Are Leaving in Record Numbers

The UK, once a global powerhouse, is now facing a decline that is pushing its citizens to leave at an unprecedented rate. In this video, we explore why so many are choosing to abandon the UK in search ... Read More

UK economy contracts again in May, missing expectations for slight rebound

The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National Statistics showed U.K. gross domestic product (GDP) contracted 0.1% ... Read More

Grant Thornton Tracker shows optimism in UK businesses

All 800 respondents in the survey of UK business decision-makers have expressed optimism about the UK economy. Read More

Bank of England policymaker warns of risks to UK economic soft landing

BoE’s Alan Taylor warns UK soft landing at risk as slowdown deepens; markets brace for five rate cuts amid rising uncertainty. Read More

Optimism fades as Scottish economy growth forecasts downgraded

The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the Fraser of Allander Institute at the University of ... Read More

Older workers urged to delay retirement to save economy

Older Britons will need to work for longer if the UK is to avoid an economic slowdown, the Organisation for Economic Cooperation and Development (OECD) has warned. Read More

Here’s why the UK economy has grown so quickly, and what comes next

The Bank of England predicted last week that the UK economy will grow by 1 per cent this year, upgrading its previous 0.75 per cent forecast on the back of a strong start to 2025.. However, it cut ... Read More

Car sales plummet following pre-tariffs panic buying: ‘The party is over’

The US auto market is showing signs of significant strain as carmakers, dealers and consumers face the combined pressures of rising tariffs, soaring prices and deepening economic uncertainty. Read More

UK economy grows 0.7% in first quarter of the year - Yahoo Finance

On an annual basis, real UK GDP is estimated to have increased by 1.3%, compared with the same quarter a year ago. GDP expanded 0.2% in the month of March, which similarly beat expectations. No growth ... Read More