Economy News The Strain Is Showing In The Uk Economy

Brexit Hit to UK Economy Double Official Estimate, Study Finds

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist. Read More

Factbox-How the UK Economy Has Fared Since Reeves' First Budget

Britain's main inflation rate rose to 3.8% in July, August and September from 2.3% in October 2024, with the tax increase on employers adding to price pressures. It slowed to 3.6% last month but ... Read More

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

Will the Chancellor be able to reboot the UK economy in her Budget

Labour’s shambolic run-up to next Wednesday’s Budget has left Britain’s economy in disarray. Months of flip-flopping have caused the property market to grind to a halt and markets to dive, with ... 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 '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

How the UK economy has fared since Reeves' first budget

Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on Wednesday. Read More