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CBI - Rising costs are set to cause ‘weak’ business investment and weigh on the Government’s ambitions to accelerate growth, the business group said.
The United Kingdom was once the economic powerhouse of the world, leading the Industrial Revolution and shaping global trade. But today, its economy is facing serious trouble - with stagnant growth, ...
The UK economy remains in a fragile state, after Covid-19 was swiftly followed by the twin ills of high inflation and rising interest rates. England, London, Westminster, ...
Less than 24 hours later, the government of new UK Prime Minister Liz Truss unveiled its plan for the biggest tax cuts in 50 years, going all out for economic growth but blowing a huge hole in the ...
The UK economy recovered from the Covid-19 pandemic much faster than previously thought, according to major revisions of official statistics that have erased Britain’s laggard status overnight.
The UK economy grew slightly in the three months to June 30, driven by strong rises in manufacturing and consumer and government spending. Gross domestic product increased 0.2% compared with the ...
An economic growth rate of 0.6% is near enough to what economists used to call "trend growth" and "signifies the economy growing at more or less 'normal' rates".
Liz Truss, the new Prime Minister of the UK, was determined to change the British economy. Instead, her government's mini-budget helped kick off a mini-financial crisis.Subscribe to Planet Money+ ...
The UK economy grew 0.6% over three months, official figures show. But there was no growth at all in June, the Office for National Statistics said, as businesses delayed purchases until after the ...