UK economy
Surprise UK retail sales rise adds to signs of pickup in economy
Market research firm GfK says that consumer confidence is at its highest level since August 2024
UK deficit falls more than expected as tax revenues jump
The deficit was £7.1 billion less than a year earlier
UK firms cut jobs at fastest pace in five years, wages cool
Payrolls have fallen by 220,000 since Chancellor Reeves ramped up employment costs in her first Budget in October 2024
UK plans overhaul of its antitrust regime to drive growth
[LONDON] Britain aims to refine its competition regime, pledging to make it “faster, more predictable and more proportionate”, launching a formal consultation in what could be a major overhaul of one ...
UK productivity surge signals economic turnaround: study
A long-promised pickup has eluded Britain for much of the period since the financial crisis
UK economy expected to grow 1.4% in 2026 despite weaker unemployment
The euro zone’s GDP is forecast to slow just slightly to 1.2% this year and inch upwards to 1.4% in 2027, said analysts
Sterling set for rise as UK economy bounces back in November
After two consecutive weekly declines, it is on track for a 0.3% weekly increase
UK economy rebounded in November as Jaguar cyberattack faded
The GDP rises 0.3% in November, beating all 29 forecasts monitored by Bloomberg
UK business confidence drops to 3-year low: survey
Business sentiment has fallen for six quarters in a row
UK consumers cut spending in December by most since 2021, Barclays says
[LONDON] Britain’s consumers reined in their spending in December by the most in almost five years, according to debit and credit card data from Barclays published on Tuesday, adding to other signs of...