Wobbly growth is the opposite of what Rachel Reeves would have hoped for in her first six months as Chancellor. While the ...
The UK economy eked out growth in the final quarter of 2024, unchanged from previous estimates, official figures show. Gross domestic product (GDP) grew by 0.1% between October and December ...
Britain's economy is forecast to grow by 1.0% this year, the Office for Budget Responsibility said on Wednesday, halving its ...
The Chancellor blamed ‘increased global uncertainty’ as the watchdog warned she would have missed her goal of balancing the books without action. Rachel Reeves has delivered her spring ...
The UK economy posted modest growth in the final quarter of 2024, with gross domestic product (GDP) increasing by 0.1% between October and December, which was unchanged from previous estimates, ...
The U.K. Treasury chief says the economy will only grow by 1% this year, half the rate previously anticipated.
The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been ...