The United Kingdom has come out of a short and shallow recession, giving Prime Minister Rishi Sunak a sorely needed boost ahead of an election expected later this year. Gross domestic product grew 0.6 ...

The UK's economy unexpectedly fell for a second month in a row in May. Gross domestic product (GDP) shrank 0.1% in May, following a 0.3 % contraction in April, the Office for National Statistics said ...

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Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount. Gross domestic ...

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

The UK is officially out of recession, according to GDP figures from the Office for National Statistics (ONS). The economy grew by 0.6% in the first three months of the year. This comes after it ...

The UK economy did not grow at all in April, according to the latest GDP estimates from the Office for National Statistics (ONS). The soggy weather was largely to blame, as April showers threatened to ...

U.K. GDP contracted -0.1% MoM in May, marking a second consecutive monthly decline and underperforming expectations, signaling a fragile economic expansion. The services sector remains the only growth ...

The UK economy is showing more signs of rebounding from its recent slump, with a jump in June retail sales adding to evidence of a strong pick-up in activity seen in other leading indicators. The ...

The UK space sector has secured £80 million more in European Space Agency contracts than government contributions, the highest return for any member state. This success is projected to add over £1 ...