Downgrades to productivity means the economy is set to grow at an annual rate of 1.5% on average over the next five years.

Growth in the UK economy slowed to 0.1% in the July-to-September period, official figures show, as car production slumped.

Britain's economy will grow faster than previously expected next year, the OECD said on Tuesday, citing the impact of finance minister Rachel Reeves' budget on consumption and drag from global ...

In 2025 the UK economy is expected to grow modestly with GDP predicted to rise by 1.5%. While this marks an improvement from recent years, the UK continues to lag other major global economies such as ...

Growth among Britain's services firms declined last month and employment contracted the most since February in the run-up to ...

To be a success it is vital to ensure that project targets are set early, and resources are ring-fenced. There also needs to ...

Having narrowly voted to hold rates in November and with governor Andrew Bailey positioned as the swing voter on the Monetary Policy Committee and open to further easing, we expect the BoE to lower ...

The UK economy surged back to growth in June after consecutive contractions in April and May - but overall the second quarter of the year showed the economy grew far less than it did in the first. A ...

According to a report by KPMG, the United Kingdom’s GDP growth will slow in the second half of 2024 but will pick up slightly to 1.2% in 2025. This growth is expected to be driven by a less ...

(Bloomberg) -- UK defense companies will be prioritized for government contracts to ensure Britain has a resilient domestic supply chain that can “innovate at a wartime pace” under a strategy that ...

The global fintech sector saw its revenues increase three times that of the finance sector as a whole in 2024, as it enters a new “era of maturity”. Despite reduced investment in fintech firms, the ...

LONDON — Britain's economy slowed down during the second quarter of the year in the face of higher taxes on businesses and global tariff uncertainties, but growth came in higher than anticipated, ...