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 ...

United Kingdomcategory UK Spring Statement updates: Growth forecast for 2025 halved, defence spending to increase 1:22 PM UTC · Updated ago Europecategory Ukraine says ties with White House are ...

She previously worked on the UK Breaking News team, and spent eight years in Westminster as a UK political correspondent - a period which included the Scottish independence referendum, Brexit and ...

Rachel Reeves has been humiliated by the Office for Budget Responsibility as the UK’s economic forecaster said her promise to secure economic growth has been blown apart. Speaking in the Commons ...

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 ...

Rachel Reeves will admit that “further and faster” action is needed to kickstart growth in the UK as she delivers her spring statement. The Chancellor will give an update on her plans for the ...

The growth rate in the value of UK mortgage lending is set to double in 2025, following two years of little-to-no increases, according to a forecast. Falling interest rates and rising consumer ...

Dimitri Zenghelis outlines what a smarter fiscal strategy for Britain would look like – one that eschews austerity and champions investment in intelligent, sustainable and resilient growth. This time ...