UK Economy

The added costs on shipments of food and plants to the UK are part of the post-Brexit import controls system.

The slowdown of food price inflation comes amid significant cost pressures on retailers and a slightly improving consumer ...

Geopolitical tensions and industrial action in Britain have contributed to negative growth in several sectors of the economy.

UK economic inactivity remains elevated, and inactivity due to long-term sickness, exacerbated by impact of the COVID-19 pandemic, ...

The Treasury should refrain from slashing taxes until it provides more detail on its spending plans, economists have ...

British lawmakers have been warned about the risks of using ‘round number’ talking points when delivering economic estimates.

While current economic growth figures fit the definition of a technical recession, economists have described it as mild ...

Economists have cautioned against lowering interest rates before May and only doing so gradually thereafter.

Economists are concerned with the historically high numbers of people saying they are long-term sick, which drives up ...

A Lords select committee has been taking evidence on whether the government’s fiscal rule in relation to national ...

IMF's advise comes at a crucial political point for the government that's ambitious to announce tax cuts ahead ...

Businesses across the country have been hit by high cost of utilities, labour, and tax, as well as ...

The scheme, under which tourists can claim back tax on goods purchased in the UK, was stopped in ...

A drop in government borrowing may give the Treasury fiscal headroom to announce cut tax measures this spring, ...

Barclays, Santander, Halifax and HSBC are among lenders offering lower mortgage costs, according to latest figures.

A wide-ranging slump across the economy comes as bad news for Rishi Sunak who has pledged to grow ...

Labour warned that a 'misallocation' of capital could lead to damaging growth, after Labour laid out its net-zero ...

The chief secretary to the Treasury has warned that given the high spending on government debt, now 'is ...

Many mortgage-holders are yet to experience the impact of the bank’s two-year long cycle of interest rate hikes, ...

Leading economists have warned that there was little room for tax cuts or increased spending at a time ...

New figures will bring relief to the government, which aims to bring down inflation to around 5 percent ...

Cash could be making a comeback consumers keen to keep tabs on what they're spending.

The UK economy has been negatively affected by doctor strikes in July, while the retail sector showed lower ...

UK public net borrowing last month hit £4.3 billion, which was £3.4 billion more than in July 2022 ...

The United Kingdom's annual rate of inflation fell to 6.8 percent in July, from 7.9 percent a month ...

Commentary We live in strange times. The same people that vehemently defended massive deficit spending and money printing ...

LONDON—Britain's biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after ...