Economy News Britain At Risk Of Recession As Growth Revised Down
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UK growth stalls at 0.1% as services flatline and construction dips
The main driver of that microscopic August gain was a 0.4% increase in UK production. But services (the largest part of the economy) delivered absolutely nothing. Construction shrank by 0.3%, dragging ... Read More
U.K.’s Economy Returns to Slow Growth
Britain’s economy expanded slightly in August, rising 0.1% on month, entrenching a period of slow growth. Read More
UK inflation could stay above target for longer, warns Bank of England rate-setter
Catherine Mann stressed that monetary policy must remain 'relatively restrictive' to avoid the risk of inflation expectations becoming unanchored. Read More
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