But the overall picture for the UK was one of weak growth, said Liz McKeown, ONS director of economic statistics. Construction and oil and gas extraction had a weak month, she said. But this was ...

The UK economy showed tentative signs of shaking off the stagnation that has dominated since Labour took power last summer, ...

Reeves is expected on Wednesday to set out a sharp downgrade to UK growth this year — from 2 per cent to about 1 per cent, according to forecasts by the Office for Budget Responsibility ...

British inflation is set to average 3.2% in 2025, according to the latest forecasts from the Office for Budget Responsibility. In October, at the time of Reeves's first budget, the OBR said it ...

And now, growth has been downgraded even more – for both this year and next. It is the entirely predictable outcome of their anti-business approach to government. Having talked down the UK ...

The UK's economic forecast has been downgraded amid a dimmer global outlook, in another blow to Chancellor Rachel Reeves. Experts warn of slowing world growth and rising inflation, driven by ...

"In the world we face, national security and economic growth are going to go hand in hand," finance minister Rachel Reeves said. "High-skilled, well-paid jobs across the UK will both make our ...