However, it expects the economy to get a slight boost in late 2026 from lower interest rates and a "gradual" improvement in ...

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

Gilt yields have fallen as a result of the early release of the Office for Budget Responsibility’s (OBRs) fiscal forecasts.

The UK economy had a stronger recovery after the coronavirus pandemic than previously thought, according to improved official estimates. New figures that incorporate methodological and data source ...

U.K. GDP contracted -0.1% MoM in May, marking a second consecutive monthly decline and underperforming expectations, signaling a fragile economic expansion. The services sector remains the only growth ...

The UK economy contracted by -0.1% MoM in January, mainly due to weakness in the production sector, despite a strong December performance. Services sector growth slowed, contributing just 5 bps to GDP ...

The UK is grappling with stagnant growth and stubborn inflation, but will it tip over into recession? The latest World Economic Outlook from the International Monetary Fund (IMF) expects UK growth to ...

The UK space sector has secured £80 million more in European Space Agency contracts than government contributions, the highest return for any member state. This success is projected to add over £1 ...

Blockbuster movie releases helped Britain return to growth at the end of last year ending fears of a “technical recession” over the winter. Latest official figures from the Office of National ...

LONDON, June 30 (Reuters) - Britain's economy grew at its fastest pace in a year in the first three months of 2025 as homebuyers rushed to beat a deadline on property purchases and manufacturers sped ...

The UK faces a £10bn blow to the public finances each year from Donald Trump’s tariff regime, according to the official budget watchdog. The Office for Budget Responsibility (OBR) warned that Trump's ...

A false-color image of the United Kingdom acquired by the European Space Agency's Sentinel-3A satellite. Credit: ESA TAMPA, Fla. — New research released by the UK Space Agency underscores the ...