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Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount. Gross domestic ...

The International Monetary Fund has forecasted in the latest World Economic Outlook (WEO) that the UK will be the second-fastest-growing G7 economy, behind the U.S. The IMF also said that the UK will ...

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

The UK economy is showing more signs of rebounding from its recent slump, with a jump in June retail sales adding to evidence of a strong pick-up in activity seen in other leading indicators. The ...

Today, the UK Office for National Statistics reported GDP for Q4 2024 at 0.1%. Although rather tepid, it topped the expectations of no growth or an economic contraction. In Q3 2024, GDP delivered no ...

The UK economy contracted by -0.1% MoM in January, mainly due to weakness in the production sector, despite a strong December performance. Services sector growth slowed, contributing just 5 bps to GDP ...

UK economy shrinks by 0.1% in September, ONS says Growth for Q3 cools to 0.1%, weaker than BoE expected Finance minister Reeves 'not satisfied' by data UK GDP only 3% higher than before COVID GDP per ...

U.K. GDP contracted -0.1% MoM in May, marking a second consecutive monthly decline and underperforming expectations, signaling a fragile economic expansion. The services sector remains the only growth ...

The UK is grappling with stagnant growth and stubborn inflation, but will it tip over into recession? The latest World Economic Outlook from the International Monetary Fund (IMF) expects UK growth to ...

The UK space sector has secured £80 million more in European Space Agency contracts than government contributions, the highest return for any member state. This success is projected to add over £1 ...