Economy News Uk Regular Wage Growth Cools, In Line With Boe S View Of Economy

UK economy stumbled during bumpy run-up to budget

Britain's economy shrank unexpectedly in the three months to October, losing momentum in the fraught run-up to finance minister Rachel Reeves' budget, according to data on Friday that underscored bets ... Read More

UK unemployment rockets by 5% as regular earnings growth plummets to 4.6%

Grim figures showed the jobs market crumbling, with redundancies rising, as the Chancellor prepares to impose more tax hikes. Analysts said the numbers were effectively chickens coming home to roost ... 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

BOE’s Greene Downplays UK Jobless Rise, Says Pay Growth a Worry

Bank of England policymaker Megan Greene signaled she continues to back keeping interest rates on hold, despite figures Tuesday showing UK unemployment climbing to its highest rate since the pandemic. Read More

Wealthy Americans Are Spending. People With Less Are Struggling.

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Data show a resilient economy. But that largely ... Read More