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.
Gilt yields have fallen as a result of the early release of the Office for Budget Responsibility’s (OBRs) fiscal forecasts.
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 ...
Britain’s unpopular center-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease ...
Encouraging UK inflation and wage data, as well as increasing labour market concerns, will be more important for the BoE in ...
A directionless and floundering government has ducked the hard choices at the Autumn Budget, says Simon Wilson ...
LONDON, June 30 (Reuters) - Britain's economy grew at its fastest pace in a year in the first three months of 2025 as homebuyers rushed to beat a deadline on property purchases and manufacturers sped ...
The UK economic outlook could brighten over the next two years as the economy stands to benefit from easing trade tensions and lower uncertainty arising from potential trade agreements with some of ...
A false-color image of the United Kingdom acquired by the European Space Agency's Sentinel-3A satellite. Credit: ESA TAMPA, Fla. — New research released by the UK Space Agency underscores the ...