UK economy
British businesses turning to temporary staff to cope with volatility
BRITISH employers are relying more heavily on temporary workers, a closely watched survey shows, as they adapt to economic turbulence from the war in the Middle East.
UK services firms report sharpest rise in costs since late 2022
Firms remain concerned about the economic outlook and inflationary pressures caused by the Iran war
Bank of England holds rates as officials consider hikes ahead
The Monetary Policy Committee (MPC) voted 8-1 in favour of leaving the benchmark rate at 3.75%
NIESR slashes UK growth forecast as Iran war and inflation hit economy
There was a “high likelihood” of Britain entering a recession in the second half of the year if the conflict drags on
UK retailers offer big discounts as shopper confidence wanes
UK retailers are bracing for higher costs linked to the conflict in the Middle East
UK pay awards rise in Q1 but April hints at softness, Brightmine says
BRITISH employers offered slightly higher pay deals in the first quarter of 2026 but early signs of softness emerged in April, a key month for wage settlements, a survey from human resources data publ...
UK economy surges ahead of Iran war, but energy shock to test resilience
GDP is up 0.5% month on month in February, beating economists’ estimates of 0.2% growth
Confidence among big UK firms plunges to six-year low: Deloitte
CONFIDENCE across Britain’s biggest companies has slumped to its lowest since the start of the Covid-19 pandemic as the Iran war spurred worries over surging energy prices and higher interest rates, a...
UK GfK consumer sentiment drops to 11-month low on Iran war worries
[LONDON] British consumer sentiment weakened to its lowest in nearly a year in March as households fretted about the potential impact of the Iran war on the economy and the possibility of sharp price ...
UK household confidence plunges to lowest under Starmer
It falls to minus 53 in March, the worst reading since the tracker began in March 2024
