Downgrades to productivity means the economy is set to grow at an annual rate of 1.5% on average over the next five years.
Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on Wednesday.
The label once used to describe the UK’s industrial decline in the 1970s is echoing anew as fresh data show the economy slipping into reverse. A 0.1% contraction in September and weak quarterly growth ...
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Is the UK headed for recession?

The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. The Office for National Statistics figures, although in some dispute ...
War with Russia, a global economic recession, AI threatening to make millions of jobs redundant are all things that could upend the UK and lead to a downfall of its respected standing ...
Listen to more stories on the Noa app. Last week, the federal government shut down, with both Republican and Democratic plans to finance ongoing appropriations failing to garner enough votes to pass ...
The American economy is heading for trouble, and it may go into recession next year. If that happens, it would be bad news ...