Since 2007, the first version of official economic history — the version that gets reported as news every few months — showed that the average annual growth rate was 0.76 per cent. By contrast, the ...
Britain’s economic trajectory shows signs of stagnation, according to new research from the Centre for Economics and Business Research (CEBR), which predicts that UK living standards will increasingly ...
The United Kingdom has come out of a short and shallow recession, giving Prime Minister Rishi Sunak a sorely needed boost ahead of an election expected later this year. Gross domestic product grew 0.6 ...
The UK economy has been slowing after a strong start to 2025. The latest figures show that the economy grew by 0.1% in the July-to-September period but shrank by 0.1% in September itself. The rate of ...
The UK is officially out of recession, according to GDP figures from the Office for National Statistics (ONS). The economy grew by 0.6% in the first three months of the year. This comes after it ...
Economic growth in Scotland lagged behind that of the UK again in the second quarter of 2025, new figures show. Scottish Government data shows that over the period April to June this year, GDP in ...
And just like that, two of the world’s largest economies are in technical recessions. On Thursday, Japan and the UK both reported their second consecutive negative quarters of gross domestic product, ...
Today, the UK Office for National Statistics reported GDP for Q4 2024 at 0.1%. Although rather tepid, it topped the expectations of no growth or an economic contraction. In Q3 2024, GDP delivered no ...
The UK economy unexpectedly shrank in the three months to October, increasing the likelihood interest rates are cut later this month. Gross Domestic Product (GDP) fell by 0.1%, according to the latest ...
The UK economy contracted by -0.1% MoM in January, mainly due to weakness in the production sector, despite a strong December performance. Services sector growth slowed, contributing just 5 bps to GDP ...
U.K. GDP contracted -0.1% MoM in May, marking a second consecutive monthly decline and underperforming expectations, signaling a fragile economic expansion. The services sector remains the only growth ...
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