Economy News The Strain Is Showing In The Uk Economy
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Labour stalls UK’s economy as GDP slumps to just 0.1% – two weeks before brutal Budget tax hikes
RACHEL Reeves received a pre-Budget blow as the UK economy has slowed down. The Chancellor now facing huge pressure after growth was lower than what economists had forecast – and comes ahead ... Read More
UK economic growth slows to 0.1% amid hit from JLR cyber-attack
Growth across the UK economy slowed to a near standstill in the third quarter, as weakness in manufacturing and faltering consumer demand dragged on output ahead of the autumn budget. Gross domestic ... Read More
UK Economy Barely Grows in Quarter Before Reeves’ Budget
UK economic growth almost ground to a halt in the third quarter after September’s activity was hit by a cyberattack on Jaguar Land Rover and the fear of looming tax hikes in the Labour government’s ... Read More
UK economy ‘loses steam’ piling pressure on Reeves ahead of Budget
The UK economy remains “sluggish” with September’s gross domestic product (GDP) data showing activity fell by 0.1% from August’s level, which could prompt recession fears to return, according to ... Read More
UK Unemployment Rises to 5pc as Labour Market Shows Signs of Strain - NATIONAL NEWS
Britain’s unemployment rate has risen to 5pc, the highest level since the pandemic, in the clearest indication yet that the labour market is losing momentum. Read More
OECD says UK economy to flat-line in 2023, urges more support
Britain's economy will stagnate in 2023 in the face of high inflation, lagging behind its peers, and the government should consider easing up on tax increases or spending more, the Organisation for ... Read More
UK economy 'not just stable, it was thriving' under Tories
When the Conservative government left office in July 2024, the UK economy was not just stable, it was thriving. Read More
Construction’s Split-screen Economy: Resilience at the Top, Strain Below
With federal labor statistics sidelined by the ongoing government shutdown, a trio of new private-sector reports offers one of the few real-time views of construction and design-industry performance ... Read More
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