Economy News Higher Inflation, Much Weaker Growth Brexit Has Hit The U K Economy Hard, Says Goldman Sachs

Brexit has made UK economy and productivity ‘weaker’ than thought, says Reeves

Brexit has made UK economy and productivity ‘weaker’ than thought, says Reeves - The expected downgrade of the OBR’s previous assumptions is likely to make filling a black hole in her Budget even ... Read More

US tariffs to slow UK economy, lower inflation, BoE's Dhingra says

Higher U.S. tariffs on imports are weighing on growth in Britain and are likely to lead to downward pressures on British inflation over the medium term, Bank of England policymaker Swati Dhingra said ... Read More

U.K. Economy Faces Rising Risk Of a 'Hard Landing,' Says BOE's Taylor

There is a small but growing possibility that the U.K. economy is heading for recession, thanks in part to overly high borrowing costs, a Bank of England rate-setter said Tuesday. In a speech at ... Read More

UK economy returns to growth, but only just, as Reeves plans budget

LONDON, Oct 16 (Reuters) - Britain's economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on Thursday, offering a little bit of relief to finance ... Read More