UK economy shrinks, testing BoE's resolve on rates

LONDON (Reuters) -Britain's economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England's resolve to stick to its tough anti ... 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

Rachel Reeves: UK economy unexpectedly shrinks - here is what it means for the Chancellor and interest rates

Chancellor Rachel Reeves has described the latest figures show a contraction of the UK economy as ‘disappointing’. Read More

UK Economy Shrinks by the Most Since 2023 as US Tariffs Hit

LONDON (Reuters) -Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of wide-ranging tariffs and a one-off hit from the end of a tax ... Read More

UK economy shrinks by the most in nearly two years

UK economy shrinks by the most in nearly two years Gross domestic output shrank by a worse-than-expected 0.3% in April from March ... Read More

UK economy shrinks for the second month in October - BBC

The UK economy shrank for the second month in a row in October as concerns about the Budget continued to weigh on confidence. Official figures showed a 0.1% drop, despite expectations that the ... Read More

UK economy shrinks for second month, contracting 0.1% in October

It marked the country’s second consecutive economic downturn, following a 0.1% GDP decline in September. Read More

UK economy shrinks, testing BoE's resolve on rates | The Star

LONDON: Britain's economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England's resolve to stick to its tough anti-inflation line ... Read More

UK economy shrinks by the most since 2023 as US tariffs hit

BoE policymakers are expected to keep interest rates unchanged next week as they are faced with competing forces of stubborn inflation and a relatively sluggish economy, but most economists polled ... Read More