The unexpected increase eases pressure on the government, which has been trying to spur investment and development.

On London's equity markets, British American Tobacco slumped 8.6% after reporting a 5.2% drop in full-year revenue, citing the impact of its exit from Russia and Belarus and unfavourable currency ...

Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...

Real GDP is estimated to have grown by 0.1% in the three months to December 2024, compared with the three months to September ...

The fragile state of NHS provider finances has often been well publicised, even if those finances have not made quite the same headlines in the past few years. As Sally Gainsbury and Sophie Julian ...

We present the first consistent estimates of what has happened to Ministry of Justice funding since the early 2000s and put ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

Bank of England cuts UK interest rates in boost for mortgage holders - Experts had predicted the Bank of England would cut ...

The market is fully priced for a rate cut from the BOE, with a 98% chance of a cut currently priced in by the GBP overnight index swaps market. What the BOE’s updated forecasts tell us will determine ...

UK pay after inflation has risen at its fastest rate for more than three years, driven by strong wage growth in the private sector. Pay packets increased on average by 3.4% between September and ...

That's according to the latest data from the Office for National Statistics (ONS). Taking in to account inflation, which is currently at 2.5%, pay increased 3.4%, rising at the fastest rate since ...

The initial reaction from the British currency was positive after the Office for National Statistics ... United Kingdom. Its primary goal is to achieve ‘price stability’, or a steady inflation ...