Slowdown in UK business activity rings recession alarm Momentum in Britain's private sector slowed much more than expected this month, adding to recession worries as inflation pressures ratcheted higher, according to a business … Business • 24 May
UK consumer mood at lowest since records began in 1974 Pessimism weighing on Britain's households has hit unprecedented levels as the cost-of-living crisis pushed confidence in the economic outlook to its joint lowest, a survey … Business • 20 May
UK retail sales jump unexpectedly in April British retail sales jumped unexpectedly in April, official data showed today, but the outlook for consumer spending remained resolutely downbeat as the cost-of-living crunch intensifies. Business • 20 May
UK unemployment hits 48-year low but inflation hits pay The UK unemployment rate fell to its lowest since 1974 at 3.7% in the first three months of this year, official figures showed today, below … Business • 17 May
UK economy unexpectedly shrinks in March The UK economy shrank by 0.1% in March but expanded by 0.8% for the first quarter of 2022 as a whole, official figures showed today … Business • 12 May
UK economy facing recession risk The Bank of England has warned that the UK risks a recession as inflation is expected to pass 10%. Business • 09 May
UK inflation jumps to 30-year high of 7% in March British consumer price inflation leapt to 7% in March, its highest since March 1992 and up from 6.2% in February, official figures showed today, intensifying … Business • 13 Apr
UK jobless rate falls further below pre-pandemic rate UK earnings shrank by the most since 2013 in February when adjusted for surging inflation, despite unemployment falling to its joint lowest in almost 50 … Business • 12 Apr
UK manufacturing growth slows to 13 month low Manufacturing in the UK is doing worse than at any point for the last 13 months, as exports suffered and the war in Ukraine made … Business • 01 Apr
Covid spending helps UK economy to grow in late 2021 Britain's economy grew more quickly than previously thought in the last three months of 2021 when the country was hit by the Omicron wave of … Business • 31 Mar
UK's Sunak cuts taxes to soften cost-of-living hit British finance minister Rishi Sunak has today cut taxes for workers and reduced a duty on fuel as he sought to soften a severe cost-of-living … Business • 23 Mar
UK economy rebounds strongly in January - ONS Britain's economy rebounded much more than expected in January from its coronavirus-related lull in late 2021, according to data today that likely adds to the … Business • 11 Mar
IMF urges Bank of England to be clear about plans The International Monetary Fund has told the Bank of England to be clear about its plans to withdraw stimulus for Britain's economy, following criticism of … Business • 23 Feb
Omicron hit to UK economy less sharp than feared The UK economy rebounded in 2021 as gross domestic product grew by 7.5% following a 9.4% fall the previous year, according to new data from … Business • 11 Feb
Bank of England raises interest rates to 0.5% The Bank of England has today raised interest rates to 0.5% and nearly half of its policymakers wanted a bigger increase to contain rampant price … Business • 03 Feb
Sterling edges higher against euro after robust UK data Sterling edged higher against the euro today after robust economic data, while investors assessed the impact of a potential leadership change in the country. Business • 14 Jan
UK economy finally bigger than before pandemic The UK's economy sped up growth in November, before the Omicron variant struck, pushing above pre-pandemic levels for the first time. Business • 14 Jan
UK economy grew more slowly than thought in Q3 The UK economy grew more slowly than previously thought in the third quarter, before the Omicron variant of the coronavirus posed a further threat to … Business • 22 Dec 21
UK economy barely grew in October, GDP up by 0.1% Britain's economy grew by a weaker than expected 0.1% in October, leaving it 0.5% smaller than it was in February 2020, just before the country … Business • 10 Dec 21
UK economy grows by 0.6% in September The UK economy grew by 0.6% in September, leaving it 0.6% smaller than it was in February 2020, shortly before the country went into its … Business • 11 Nov 21
Strong cost pressures as UK economy picks up UK businesses reported faster growth in October, helped by fewer curbs on foreign travel, but the Bank of England is likely to be worried about … Business • 03 Nov 21
UK growth picks up in August after July dip Britain's economy grew 0.4% in August, leaving it just 0.8% smaller than it was in February 2020, just before the country went into its first … Business • 13 Oct 21
UK factories face supply problems, staff shortages British factories in September suffered their weakest month since February when the country was still largely locked down, according to a survey which underscored the … Business • 01 Oct 21
UK economy grew more strongly than thought in Q2 Britain's economy grew by more than previously thought in the second quarter before what looks like a sharp slowdown more recently as post-lockdown bottlenecks, including … Business • 30 Sep 21
Spread of Delta Covid variant slows UK economy to crawl The UK economy barely grew in July, rising by just 0.1% from June, the weakest expansion since January when the country went back into strict … Business • 10 Sep 21
