UK retail sales slump in new lockdown British retail sales tumbled in January as shops went back into lockdown, official data showed, but lower-than-expected public borrowing gave at least some relief to ... Business • 19 Feb
UK inflation rises to three month high of 0.7% - ONS British inflation rose a little more than expected in January as the country went back into a coronavirus lockdown, pushed up by higher food prices ... Business • 17 Feb
UK economy suffers record 9.9% slump in 2020 Britain's coronavirus-ravaged economy slumped by 9.9% in 2020, the biggest annual crash in output in more than 300 years, but avoided heading back towards recession ... Business • 12 Feb
UK factory growth slows as Covid and Brexit combine British manufacturers suffered a double hit last month as Covid-19 disruption to global shipping combined with new trade barriers with the European Union, according to ... Business • 01 Feb
UK retail sales make weak recovery in December UK retail sales bounced back weakly in December as shops in England emerged from November's four-week lockdown to slow the spread of Covid-19, while public ... Business • 22 Jan
UK economy shrinks by 2.6% in November Britain's economy shrank in November for the first time since the initial Covid-19 lockdown last spring, hit by a tightening of social-distancing rules. Business • 15 Jan
Sunak says UK economy will worsen before it gets better Finance minister Rishi Sunak has warned that Britain's economy would get worse before it got better, with the country now in its third national lockdown ... Business • 12 Jan
UK offers lockdown-hit firms extra £4.6 billion of help Britain has today offered a £4.6 billion support package for businesses struggling to cope with a third national lockdown, imposed this week to stem a ... Business • 05 Jan
UK economy grew by record 16% in third quarter Britain's economic recovery from its coronavirus crash was a bit quicker than previously thought in the three months from July to September, official data showed ... Business • 22 Dec 20
UK retail sales fell in November due to lockdown UK retail sales fell sharply last month when a four-week lockdown in England closed stores which sold non-essential goods to the public, official figures showed ... Business • 18 Dec 20
UK jobless rate rises by less than expected to 4.9% The UK jobless rate rose again in the three months to October and the number of redundancies hit a record high as companies prepared for ... Business • 15 Dec 20
UK monthly GDP growth slows to 0.4% in October Britain's economic recovery almost ground to a halt in October against a backdrop of rising coronavirus cases that dealt a blow to the hospitality sector, ... Business • 10 Dec 20
UK fiscal watchdog warns of impact of no-deal Brexit Britain's independent fiscal watchdog, the Office of Budget Responsibility, has said a no-deal Brexit at the end of this year will cut economic growth and ... Business • 25 Nov 20
UK borrows £22 billion in October, retail sales rise The UK government borrowed £22.3 billion in October, well below the £35.2 billion forecast in a Reuters poll of economists but taking total public debt ... Business • 20 Nov 20
UK inflation up more than expected in October British inflation picked up by a little more than expected in October, pushed higher by prices for clothing and footwear and food as coronavirus restrictions ... Business • 18 Nov 20
UK economy grows by slower than expected 1.1% - ONS Britain's economy, which has struggled to maintain its recovery from its coronavirus lockdown crash, grew by a slower than expected 1.1% in September from August, ... Business • 12 Nov 20
UK jobless rate rises to 4.8%, redundancies hit record Britain's unemployment rate rose in the three months to September to 4.8%, as expected, while redundancies also hit their highest level on record. Business • 10 Nov 20
Bank of England to probe possible leak of QE decision The Bank of England increased its already huge bond-buying stimulus today by a further £150 billion as it sought to cushion the UK's struggling economy ... Business • 05 Nov 20
UK retail sales growth beat expectations in September UK retail sales beat expectations last month and grew for a fifth month in a row, capping a record quarter of growth that took total ... Business • 23 Oct 20
UK jobless rate rises by more than expected to 4.5% Britain's unemployment rate rose by more than expected to 4.5% in the three months to August, up from 4.1% in the three months to July, ... Business • 13 Oct 20
Bank of England asks about readiness for negative rates The Bank of England asked UK banks today for information about their readiness for the possibility of zero or negative interest rates. Business • 12 Oct 20
UK economy grows by 2.1% in August, lower than expected Britain's economy expanded by a much lower-than-expected 2.1% in August from July as the country tries to recover from its record slump during the coronavirus ... Business • 09 Oct 20
Sunak says that jobs, not tax rises, are the priority Britain will prioritise trying to save jobs over tax rises while the Covid-19 pandemic batters the economy, though record borrowing and a £2 trillion debt ... Business • 06 Oct 20
UK GDP slumped slightly less than first thought in Q2 The UK economy shrank by a record 19.8% in the second quarter of 2020 when Covid-19 lockdown measures were in force. Business • 30 Sep 20
UK's pared-back job support scheme as Covid surges British finance minister Rishi Sunak has today announced fresh plans to help the pandemic-ravaged economy with a new jobs support scheme to help keep people ... Business • 24 Sep 20