UK retail sales see surprise 1.2% rise in February British retail sales unexpectedly rebounded by 1.2% in February from the month before, returning sales volumes to their pre-pandemic level, figures from the Office for … Business • 24 Mar
Britain to bolster financial system after SVB collapse The collapse of Silicon Valley Bank has shown the need to build a larger and more diverse financial system by bolstering the stock market and … Business • 15 Mar
UK Budget: Hunt pledges reform to spur slow economy British finance minister Jeremy Hunt announced a plan that he hopes will speed up Britain's stagnating economy, including childcare and tax reforms to get more … Business • 15 Mar
Return to school unexpectedly boosts UK economy British economic output rose by a better-than-expected 0.3% month-on-month in January, according to data today that could bolster investors' bets that the Bank of England … Business • 10 Mar
Hunt to keep tight UK budget with eye on 2024 election British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or … Business • 08 Mar
UK shoppers up their spending in January British consumers unexpectedly increased their shopping in January, but the overall picture remains one of weak demand from inflation-hit consumers who are relying more on … Business • 17 Feb
Barclays profit slides 14% following trading blunder Barclays reported a 14% fall in annual profits, as costs from an administrative blunder that saw it oversell securities in the United States compounded a … Business • 15 Feb
UK inflation rate falls more than expected to 10.1% British consumer price inflation fell by more than expected to 10.1% in January from December's 10.5% and there were also drops in underlying measures of … Business • 15 Feb
Sterling falls as UK economy grinds to a halt in Q4 The pound eased today after data showed the UK economy ground to a halt in the final three months of 2022, avoiding a technical recession, … Business • 10 Feb
What is a recession? What exactly is a recession, how important or not is it that the UK avoided one and could the ONS change its mind later? Business • 10 Feb
UK narrowly avoided recession in 2022 Britain's economy showed zero growth in the final three months of 2022 - enough for it to avoid entering a recession for now - but … Business • 10 Feb
UK factory output shrinks again at start of tough 2023 British manufacturers saw their business shrink for a sixth month in a row in January, kicking off a tough 2023 when the country's economy looks … Business • 01 Feb
Three years on, Britain still waits for Brexit dividend Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as … Business • 31 Jan
UK consumer mood slides back to near 50 year low British consumer sentiment fell for the first time in three months in January, returning near to historic lows as concerns about the economy and the … Business • 20 Jan
UK retail sales unexpectedly fall by 1% in December UK retail sales volumes unexpectedly fell by 1% in monthly terms in December, official data showed today. Business • 20 Jan
UK economy unexpectedly grows 0.1% in November British gross domestic product rose 0.1% in November, according to figures from the Office for National Statistics. Business • 13 Jan
UK recession to limit 2023 growth in food retail sales In the UK, weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sales to around 5% … Business • 10 Jan
UK economy shrinks more than expected in Q3 Britain's economy contracted by a little more than first estimated in the third quarter of this year, and business investment performed poorly, official data showed … Business • 22 Dec 22
UK public borrowing hits record £22 billion in November British public borrowing rose to its highest for any November since records began, at £22.017 billion, reflecting higher costs for energy subsidies, figures from the … Business • 21 Dec 22
UK downturn moderates in December, factories struggle The downturn across British businesses has eased slightly this month, apart from for manufacturers, and companies have reported the weakest cost pressures since mid-2021, a … Business • 16 Dec 22
UK retail sales fall unexpectedly by 0.4% in November British retail sales slid unexpectedly in November, despite the men's soccer World Cup and the Black Friday sales promotions, showing the stress felt by many … Business • 16 Dec 22
Bank of England warns of rising pressure on households The Bank of England has warned today about "significant pressure" on households and businesses due to higher inflation and borrowing costs, but said they were … Business • 13 Dec 22
Highest level of UK strikes in October in over 10 years The UK lost 417,000 working days to labour disputes in October, the highest since November 2011, the Office for National Statistics said today. Business • 13 Dec 22
UK economy grows by 0.5% in October The UK economy rebounded in October a little more strongly than expected from September when output was affected by a one-off public holiday to mark … Business • 12 Dec 22
UK to see biggest hit from energy crisis among G7 The UK economy will contract more than any of the world's seven most advanced nations next year as Britain suffers from painful inflation exacerbated by … Business • 22 Nov 22
