UK economy
UK private sector in best month since August 2024, PMI shows
S&P Global’s purchasing managers’ index rose to 53.7, up from 51.4 the month before
UK unemployment set to hit 11-year high in 2026, NIESR forecasts
Unemployment in the IT sector could be due to artificial intelligence
UK business sentiment rebounds in January, IoD says
Despite this, businesses still intended to retrench staff
UK business confidence weakens as doubts grow over wider economy
US President Trump had threatened to impose tariffs on Britain and other European countries over Greenland
UK shop prices rise at fastest pace in nearly two years
Food prices rose 3.9 per cent higher in January, compared to a year ago
London’s living standards rise twice as quickly as rest of UK
The country households have suffered dismal living standards growth in the past decade
Surprise UK retail sales rise adds to signs of pickup in economy
Market research firm GfK says that consumer confidence is at its highest level since August 2024
UK deficit falls more than expected as tax revenues jump
The deficit was £7.1 billion less than a year earlier
UK firms cut jobs at fastest pace in five years, wages cool
Payrolls have fallen by 220,000 since Chancellor Reeves ramped up employment costs in her first Budget in October 2024
UK plans overhaul of its antitrust regime to drive growth
[LONDON] Britain aims to refine its competition regime, pledging to make it “faster, more predictable and more proportionate”, launching a formal consultation in what could be a major overhaul of one ...
