Trump update on Iran war causes oil prices to fall
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The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the forecast period until 2030.
Rachel Reeves has hailed 2026 as the year the UK economy will “turn a corner” after it was projected to achieve stronger economic growth next year than half its G7 peers, trailing only the US and Canada, according to the International Monetary Fund (IMF).
The British Chambers of Commerce said the geopolitical situation could ‘change the economic outlook considerably’.
The UK economy grew by an unrevised 0.1% between July and September while expansion was weaker than first thought in the second quarter, according to official figures. The Office for National Statistics (ONS) confirmed growth slowed in the third quarter ...
By David Milliken and Andy Bruce LONDON, March 3 (Reuters) - British finance minister Rachel Reeves said she would steer the country's economy through the volatility unleashed by conflict in the Middle East,
MANCHESTER, England (Reuters) -Britain's economy barely expanded in the third quarter, held back by September's cyberattack on Jaguar Land Rover, according to data on Thursday that underlined the backdrop of slow growth as finance minister Rachel Reeves ...
British economic growth data released this week showed a marked seasonal pattern for the fourth year in a row, adding to economists’ concerns about numbers from the Office for National Statistics. Last year the ONS was criticised for its data quality in ...
Study highlights multi-billion-pound opportunity for UK’s advanced air mobility (AAM) sector Vertical projected to generate nearly £9bn annual revenue, create approximately 2,200 high-skilled jobs and deliver major export growth by 2035 Company set to ...
Tourism remains a powerhouse of the UK economy, contributing £147 billion annually and supporting 2.4 million jobs, according to new VisitBritain research. The sector generates £52 billion in tax revenue and is forecast to grow to £161 billion by 2030 ...
LONDON – The United Kingdom is refocusing its funding priorities with a new 500 million pound ($668 million) space funding package that aligns more closely with economic growth and national security priorities, Liz Lloyd, the UK minister for the Digital Economy at the Department for Science, Innovation and Technology, said March 4.