Britain's fragile economic recovery is facing renewed pressure as rising oil prices tied to escalating tensions around Iran ripple through financial markets, complicating fiscal planning for Treasury ...

The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the forecast period until 2030.

Rolling coverage of the UK’s new GDP report, showing growth of just 0.1% in October-December and 1.3% across 2025 UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026 ...

UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last ...

Chancellor Rachel Reeves sought to strike an upbeat note on Tuesday on the state of the UK economy, even as oil and gas ...

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns - The UK’s top two ...

The Bank of England in February predicted growth of 0.9 per cent for 2026, while economists polled by Reuters expect 1 per cent growth. The OBR is also likely to revise up its unemployment rate, which ...

The International Monetary Fund has forecasted in the latest World Economic Outlook (WEO) that the UK will be the second-fastest-growing G7 economy, behind the U.S. The IMF also said that the UK will ...

Rachel Reeves has hailed 2026 as the year the UK economy will “turn a corner” after it was projected to achieve stronger economic growth next year than half its G7 peers, trailing only the US and ...

The United Kingdom's real gross domestic product (GDP) unexpectedly contracted by 0.1% in October, representing the fourth straight month without growth. Economic activity suffered in the run-up to ...

Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.