UK economy
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
UK businesses face gas bills up to 80% higher on Iran war
Electricity bills have jumped by an average of 10% to 30% since the end of February
UK consumer sentiment falls as Iran war rages: KPMG
A quarter surveyed described their financial situation as “insecure”
UK growth slows and inflation surges amid Iran war, PMI Shows
The PMI dropped to a six-month low of 51 in March, down from 53.7 previously
UK pledges £1 billion in new bid to tackle youth jobless crisis
The aim is to create 200,000 new jobs
Britain’s economy unexpectedly stalled at start of the year
The powerhouse services sector stagnated, manufacturing grew just 0.1% and construction expanded 0.2%
UK consumer spending slows in February as inflation fears dim sentiment, survey shows
Consumers fear the Middle East conflict will push up fuel prices, energy bills and inflation.
