News | Latest Breaking News Stories & Headlines

a pile of 20 and 50 pound sterling notes

UK economy surged ahead of Iran war - ONS

Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had feared, official figures showed today.

Business • 16 Apr

The UK economy, which was slow to recover from the Covid-19 pandemic, showed zero growth in the third quarter when uncertainty about the upcoming budget hit businesses

UK economy barely grew in November after Reeves budget

Britain's economic output struggled to grow in November after finance minister Rachel Reeves announced big tax increases for businesses, official data showed today.

Business • 16 Jan 25

UK economic output grew by 0.1% in monthly terms in February and January's reading was revised higher, new figures show today

UK growth in February points to exit from recession

Britain is on course to exit its shallow recession after economic output grew for a second month in a row in February and January's reading was revised higher, official data showed today.

Business • 12 Apr 24

July saw a bigger than expected GDP contraction of 0.5% in July

UK economy stumbles in July as strikes and rain weigh

Britain's economy contracted in July at an unexpectedly sharp rate after strikes in hospitals and schools as well as unusually rainy weather weighed on output, according to official figures on Wednesday that will add to worries about the outlook.

Business • 13 Sep 23

UK GDP rose by 0.1% in February compared with the month before - slower than had been predicted

UK growth slows more than expected in February

Growth in Britain's economy slowed more sharply than expected in February as gross domestic product rose by 0.1%, official figures showed today, down from 0.8% growth in January.

Business • 11 Apr 22

The UK's gross domestic product grew by a record 16% in the third quarter of 2020 - revised up from a previous estimate of 15.5%

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 today.

Business • 22 Dec 20

The UK's gross domestic product rose 0.4% in October, new figures from the Office for National Statistics show

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, official figures showed today.

Business • 10 Dec 20