UK Economy Grows 0.4% in May Amid Better Weather and Construction Boost
UK GDP beats expectations with a 0.4% increase in May due to better weather, as construction grew at its...
UK GDP
Finance News Brief: Morrisons Reports Loss, Matches CEO and CFO Depart, Inditex Sees Profits Surge
Lead: Morrisons faces a staggering £1.1bn loss, driven by rising debt post-takeover, with finance costs hitting £735 million, while...
Shoppers Drive UK Economy Growth in January
**Lead:** The UK's GDP rose by 0.2% in January, rebounding from a 0.1% decline in December, driven by increased...
Bank of England Maintains Interest Rates, Reduces Bond Purchases Amid Economic Concerns
In a surprising move, the Bank of England's Monetary Policy Committee (MPC) has decided to keep interest rates at...
UK Economy Contracts 0.5% in July Amid Strikes and Poor Weather
UK's economy shrinks by 0.5% in July due to poor weather and industrial strikes, reveals Office for National Statistics...
UK Economy Partially Recovers in January, Still Lags Behind G7 Peers
In a surprising turn of events, the UK's monthly GDP increased by 0.3% in January, defying economists' predictions of...
BoE Increases Interest Rates to 1.25% Amid Inflation Concerns and Economic Uncertainty
The Bank of England's Monetary Policy Committee has raised interest rates for the fifth consecutive time to 1.25%, as...
Record UK Economic Growth in 2021 Amid Challenges Ahead for 2022
In a remarkable turnaround, the UK economy grew by an impressive 7.5% in 2021, marking its fastest growth since...
UK GDP Suffers Record 9.9% Slump in 2020 Amid Pandemic Restrictions
In 2020, the UK's GDP declined by a staggering 9.9%, more than double the drop during the 2009 financial...
UK GDP Shrinks by 2.6% Amidst Lockdown Restrictions
In November 2020, the UK's GDP declined by 2.6% due to government restrictions, according to ONS figures, making it...