Record Low Consumer Confidence Amid Soaring Cost of Living
Inflation concerns push GfK's Consumer Confidence Index to an all-time low of -44 in August, as personal finance expectations...
UK economy
UK Economy Contracts in Q2 Amidst Cost of Living Crisis
In a recent report from the Office for National Statistics (ONS), the UK economy contracted by 0.1% in Q2...
UK Economy Faces Mild Recession Risk Amid Cost of Living Crisis, KPMG Warns
In its latest report, KPMG warns that the UK economy faces a rising risk of a "mild recession" due...
UK Economy Shrinks in March Amid Rising Costs
UK's economy shrinks 0.1% in March due to rising energy prices and cost of living; services sector takes the...
Bank of England Hikes Interest Rates Amid Soaring Inflation
In a bid to curb rampant inflation at its highest level since 2009, the Bank of England has raised...
UK Consumer Confidence Plummets Amid Inflation and Economic Uncertainty
UK consumer confidence plunged in April, reaching a near-historic low, according to the GfK Consumer Confidence Index. The index...
UK Economy Grows at Slower Pace in February Amid Omicron Impact
UK's GDP growth slows down to 0.1% in February, as services growth is partially offset by production decline; tourism-related...
ASOS Boosts UK Economy with £3.8bn and 25,000 New Jobs
In a groundbreaking discovery, scientists have found evidence of water on the moon's sunlit surface. This revelation challenges previous...
UK Economy Recovers to Pre-Covid Levels in November
In a groundbreaking development, the UK's Gross Domestic Product (GDP) has finally surpassed its pre-pandemic levels, growing by 0.9%...
Boohoo Group’s £500m Investment Plan: 5,000 New Jobs and Expansion
Boohoo Group announces plans for 5,000 new jobs and a £500m investment in the UK over the next five...