Business Matters12h
UK borrowing overshoots forecasts by £20bn as pressure mounts ahead of spring statement
UK public borrowing has overshot forecasts by £20.4bn, reaching £132.2bn with one month left in the tax year. With the Spring ...
UK economy unexpectedly shrinks in blow to Rachel Reeves – what it means for YOUR money
BRITAIN’S economic growth fell unexpectedly in the first month of this year. The Office for National Statistics (ONS) said ...
GDP shrinks in January as UK economy prepares for upcoming tax hikes
The UK economy underperformed expectations in January. According to the latest set of gross domestic product (GDP) figures ...
UK economy shrinks in January as output hit by large drop in production
The Office for National Statistics (ONS) confirmed the UK economy contracted by 0.1 per cent in January after a sharp drop in ...
Bank of England holds interest rates steady at 4.5% as trade tensions rise
The Bank of England holds interest rates at 4.5% as inflation stays high, with growth slowing and cuts expected later in 2025 ...
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
Official figures Friday showed that the economy, the world's sixth-largest, saw output drop by 0.1% during the month, in ...
Exchange Rates5d
Pound Sterling Dumps As UK GDP Contracts
missing expectations for a 0.1% rise. This adds pressure ahead of the Chancellor’s Spring Statement and the UK OBR’s latest forecasts on 26th March. Notably, the OBR’s +2% UK GDP growth ...
Global stocks push higher as risk of US government shutdown eases
The FTSE 100 (^FTSE) and European stocks were higher on Friday afternoon as traders digested news that the UK economy ...
Devdiscourse9d
CMA's New Approach to Merger Remedies: Boosting Economic Growth
The UK's Competition and Markets Authority (CMA) is consulting on new guidelines for merger remedies to align with government ...