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

UK economy stumbles in run-up to next week's budget

Measures of Britain's businesses, consumers and public finances are all showing signs of deterioration in the run-up to next week's budget when finance minister Rachel Reeves is expected to raise ... 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 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 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

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

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

UK economic growth slows to 0.1%

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