UK economy
UK economy slowed to show 0.1% growth in third quarter, ONS says
[LONDON] Britain’s economy grew by 0.1 per cent in the July-to-September period of this year, the Office for National Statistics (ONS) said on Monday (Dec 22), in line with its initial estimate.
UK shoppers ready to spend big as confidence edges up, GfK says
Consumer sentiment improved in December, two surveys found
UK inflation slides to 3.2% before Bank of England rate decision
British inflation has been higher than in other major advanced economies
UK economy shrinks again in October ahead of Budget tax hikes
Speculation that taxes will be raised weighs heavily on households, which power roughly 60% of the economy
UK’s CBI bumps up 2026 growth view due to ‘temporary’ budget boost
[MANCHESTER] The Confederation of British Industry on Friday bumped up its economic growth forecast for next year, citing a temporary boost to government spending following the budget, while warning t...
UK retail sales growth cools as budget offsets Black Friday
Total retail sales increased just 1.4% year-on-year in November, below the 12-month average
UK pay growth accelerates to five-month high, recruiters say
The labour market has deteriorated this year as firms cut jobs to cope with Labour’s increase in payroll taxes
UK's Reeves says she did not mislead public on the Budget
In a speech on Nov 4, she appeared to lay the groundwork to raise income tax rates, citing a “weaker than previously thought” productivity performance
UK expects bigger non-dom tax take despite billionaire exits
Meantime, other nations, such as Italy and Greece, have lured some of Britain’s globally mobile population
UK’s Reeves comes back for more tax to bolster finances
Britain’s fiscal watchdog apologises after publishing Budget forecasts before finance minister delivers them in parliament
