UK economy

UK economy

A view of Canary Wharf skyscrapers in London, Britain, October 18, 2024. Photo: Reuters/File

UK firms report biggest drop in employment since 2021 in BoE survey

Policymakers are divided about how fast it will return to its 2% target and whether further interest rate cuts are warranted after August's quarter-point reduction to 4%.

Labour Party leader Keir Starmer and Conservative Party leader and Prime Minister Rishi Sunak debate, as ITV hosts the first head-to-head debate of the General Election, in Manchester, Britain, June 4, 2024 in this handout image. Jonathan Hordle/ITV/Handout via REUTERS

In heated debate, Britain's Sunak, Starmer go head-to-head on the economy

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/

Big UK inflation drop bolsters bets on Bank of England cuts next year

The Uzushio submarine of the Japan Maritime Self-Defense Force (JMSDF) bursts to the surface during a fleet review at Sagami Bay, off Yokosuka, south of Tokyo October 18, 2015. REUTERS/Toru Hanai

UK invests $4bn in nuclear-powered submarine project

Photo: Collected

UK inflation drops slightly to 6.7% in August

A two Euro coin is pictured next to a one Pound coin on top of a portrait of Britain's Queen Elizabeth in this file photo illustration shot March 16, 2016. REUTERS/Phil Noble/Illustration/Files

IMF says UK is no longer heading for a recession in 2023

FILE PHOTO: Jeremy Hunt, Conservative party leadership candidate speaks during an interview, in London, Britain, July 10, 2022. REUTERS/Peter Nicholls/File Photo

UK budget: Economy set to avoid recession this year, Hunt says

UK economy fares worst among G7 countries in 2023

UK economy fares worst among G7 countries in 2023

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

Photo: Collected

UK inflation eases for a 2nd month, falling to 10.5%

Shoppers in a retail street in Frankfurt, Germany. Photographer: Ben Kilb/Bloomberg

Germany, UK defying forecasts may skirt recessions for now

British Prime Minister Rishi Sunak looks on during the annual Lord Mayor's Banquet at Guildhall, in London, Britain November 28, 2022. REUTERS/Toby Melville

UK PM Sunak hopes for 'constructive' talks with trade union leaders

British Prime Minister Rishi Sunak walks outside Number 10 Downing Street in London, Britain, November 2, 2022. REUTERS/John Sibley

Five promises: PM Sunak vows to tackle Britain's most serious problems