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UK economy

International

UK tax speculation to slow homebuilding into 2026, survey says

Small business sentiment is a key indicator as these firms employ roughly three-fifths of the UK’s private sector workers.
International

UK small-business confidence slumps further as budget fears bite

Last week, official data showed Britain’s headline inflation rate held at 3.8 per cent, the highest since early 2024 but below forecasts of an increase to 4 per cent.
International

UK shop prices fall for first time since March, retailers say

epa12231446 The City of London in London, Britain, 11 July 2025. The UK economy has shrunk for the second month in a row. Gross domestic product fell by 0.1% in May after a 0.3% drop in April, the Office for National Statistics (ONS) reported.  EPA/ANDY RAIN
International

UK economy shows signs of holding up ahead of Labour’s budget

The BOE expects British consumer price inflation to gradually weaken, but only hit its 2 per cent target in the April-to-June period of 2027.
International

UK inflation unexpectedly holds at 3.8% in September

The new Office for Investment: Financial Services will seek to attract investment to cities around Britain, finance minister Rachel Reeves said.
International

UK opens new concierge service in bid to woo more finance investment

Shoppers walk along Oxford Street during traditional Boxing Day holiday sales, in London, UK, on Thursday, Dec. 26, 2024. UK retail sales grew more slowly than expected in November suggesting Christmas shoppers might not boost the economy in the crucial final months of the year. Photographer: Carlos Jasso/Bloomberg
International

UK economy ekes out modest growth as factories recover

Rachel Reeves - despite raising taxes by about £40 billion (S$69.2 billion) in her first budget last year - is probably £22 billion off course to meet her rule that day-to-day spending is in balance with tax revenues by the end of the decade, the IFS estimated.
International

UK’s Reeves should go big on tax increases in November, think tank says

Tthe consumer sentiment data was based on a survey of 2,000 people conducted from Sep 26 to 30.
International

UK consumer spending slows ahead of Reeves budget, retailers say

Halifax said easing mortgage costs and strong wage growth have helped improve affordability and support demand this year.
Property

UK house prices post first decline since May: Halifax

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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