Britain’s Treasury chief Rachel Reeves has sought to present a rosy picture of the state of the U.K. economy, even as oil and gas prices soared in the wake of the fast-evolving Iran war that has cast ...

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

Who knows how long the conflict will last, but the OBR warned today that the UK economy could face a “very significant” hit. ...

The UK’s Spring Forecast projected modest growth, easing inflation, and improving public finances—but fresh uncertainty from ...

The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update ...

Record public finances accompany stronger retail sales and business activity but some analysts express caution ...

The UK is forecast to be the second-fastest growing of the world's most advanced economies this year and next, according to new projections from the International Monetary Fund (IMF). The rates of ...

The UK’s fiscal watchdog expects inflation to fall to an average of 2.3% in 2026, lower than predicted in November, as weaker ...

The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the ...

The latest estimates for inflation, unemployment, government spending and tax income will be published alongside the statement.