Rachel Reeves has been warned that tax hikes and spending cuts will hold back the UK economy in the next two years. The Chancellor has been put on notice that growth will be sluggish and inflation ...
The Office for Budget Responsbility expects the economy to grow at an annual rate of 1.5% on average over the next five years.
However, it expects the economy to get a slight boost in late 2026 from lower interest rates and a "gradual" improvement in ...
Britain's economy shrank unexpectedly in the three months to October, losing momentum in the fraught run-up to finance ...
Danske Bank has upped its growth forecast for the Northern Ireland economy for the second time inside three months. With just ...
Since 2007, the first version of official economic history — the version that gets reported as news every few months — showed that the average annual growth rate was 0.76 per cent. By contrast, the ...
A rise of 3.2% in CPI inflation in the 12 months to November undershoots almost all expectations ...
The UK economy is set to slow to around 1.0% in the coming year, down a bit from 1.4% in 2025, as a combination of a ...
The Labour government has made trade a key lever to boost growth prospects for UK companies but forecasts tell a different ...
Inflation in Britain is forecast to be the highest among all advanced economies in 2025 and 2026, according to new predictions by the International Monetary Fund (IMF), in a pre-Budget blow to ...