The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update ...
The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the forecast period until 2030.
The Office for National Statistics said the figures reflected "weak hiring activity", with unemployment among 16 to 24-years-olds now at 16.1%.
In her speech, delivered against the backdrop of the Iran war, Reeves insisted she would protect British families from the "turbulence beyond our borders." ...
The International Monetary Fund has forecasted in the latest World Economic Outlook (WEO) that the UK will be the second-fastest-growing G7 economy, behind the U.S. The IMF also said that the UK will ...
UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last ...
A major surprise of 2025 was the fact that the Bank of England did not cut interest rates by as much as expected — as inflation remained stubbornly high. Pressure on consumers has also weighed on ...
UK S&P Global Manufacturing PMI Flash increased to 50.2 points in November from 49.70 points in October 2025. Consensus was 49.2. UK private sector businesses experienced a softer expansion in ...