Hunt set to announce UK tax cuts in Autumn Statement The British government is today expected to announce long-awaited tax cuts to encourage growth. Business • 2 hrs
UK minimum wage to jump 10% to 11.44 pounds per hour Britain's national minimum wage will increase by 10% to 11.44 pounds per hour from 10.42 pounds, the government's Treasury department said today. Business • 19 hrs
UK retail sales slide again in new blow for economy British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home, official data showed today in a new warning sign for the … Business • 17 Nov
UK economy fails to grow in third quarter - ONS Britain's stagnating economy failed to grow in the three months from July to September but at least managed to avoid the start of a recession, … Business • 10 Nov
UK factories struggle in October in new downturn sign UK factories suffered a worse October than previously thought, according to a survey published a day before the Bank of England is expected to restate … Business • 01 Nov
British retail sales tumble by 0.9% in September British retail sales volumes fell by a sharper than expected 0.9% in September compared with the month before, figures from the Office for National Statistics … Business • 20 Oct
Sluggish UK economy grows by 0.2% in August - ONS The UK economy partially recovered in August after a sharp drop in July but the bigger picture remained one of only sluggish growth after last … Business • 12 Oct
UK set to have weakest growth among G7 in 2024 - IMF Britain is set to have the slowest-growing economy among the Group of Seven nations next year - when the country is likely to choose a … Business • 10 Oct
UK construction sees biggest fall since 2020 - PMI Britain's construction industry saw the biggest slide in activity in more than three years last month, as higher interest rates led to one of the … Business • 05 Oct
UK factory activity slows sharply in September - PMI British manufacturing activity slowed sharply in September, though less steeply than the month before when it shrank at the fastest rate in more than three … Business • 02 Oct
UK growth revised up to show faster post-Covid recovery British gross domestic product in the second quarter of 2023 was 0.2% higher than the quarter before, figures from the Office for National Statistics showed … Business • 29 Sep
UK recession risk deepens as companies falter - PMI British companies endured a much tougher September than feared, marked by growing unemployment and recession risks, according to a survey today. Business • 22 Sep
UK factory orders tumble in the face of higher rates - British factories in August suffered their weakest month since early in the Covid-19 crisis, with orders shrinking dramatically due to the rise in interest rates … Business • 01 Sep
Factory slump puts UK economy on course to shrink in Q3 Britain's economy looks on course to shrink during the current quarter and risks falling into a recession, as a survey today showed a slump in … Business • 23 Aug
UK economy's 'surprisingly' good performance in June The UK economy grew by 0.2% in the second quarter of the year as it showed a surprisingly good performance in June. Business • 11 Aug
UK retail sales rise by 0.7% in June - ONS British retail sales were 0.7% higher in June than in May, figures from the Office for National Statistics showed today. . Business • 21 Jul
UK economy hit by extra bank holiday in May - ONS Britain's economy contracted by less than expected in May when there was an extra bank holiday to mark the coronation of King Charles, figures from … Business • 13 Jul
UK mortgage rates hit 15-year high A key British mortgage rate hit a 15-year high on today when it rose above the levels reached in the aftermath of last year's "mini-budget" … Business • 11 Jul
UK wage growth hits joint record high British wages excluding bonuses hit their joint highest growth rate on record, rising by 7.3% in the three months to May from the same period … Business • 11 Jul
UK economy shrank slightly less than thought in 2020 Britain's economy shrank fractionally less than previously estimated in 2020 when the Covid-19 pandemic prompted the government to require many businesses to stop face-to-face operations, … Business • 03 Jul
UK factory downturn deepens in June despite lower costs The pace of decline in Britain's manufacturing sector steepened in June and optimism faded despite weakening price pressures, a survey showed today. Business • 03 Jul
UK economy makes weak start to 2023 as inflation weighs Britain's economy grew 0.1% in the first quarter of this year, unrevised from an initial estimate published last month, figures from the Office for National … Business • 30 Jun
UK shoppers boost spending again despite inflation British retail sales unexpectedly rose in May from April, suggesting most consumers were coping with high inflation's squeeze on their spending power, according to official … Business • 23 Jun
UK inflation rate unchanged at 8.7% in May British consumer price inflation was unchanged at 8.7% in May compared to April's data, contrary to expectations for a slight fall, figures from the Office … Business • 21 Jun
UK grocery inflation eases for third straight month British grocery inflation eased slightly for the third month in a row in June, industry data shows, providing a modicum of comfort for consumers worn … Business • 20 Jun