Economists say the faster pace of price rises all but rules out an interest rate cut next week. Read More
Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest rates. Read More
“Starmer staked everything on growth and if you look at his poll numbers now, they’re really terrible.” https://www.thenational.scot/news/24793354.labour-government-sparking-doom-loop-uk-economy-expert-says/
“There’s been far too much pain and no gain.” https://www.thenational.scot/news/24794416.labour-failing-terms-uk-economy-shrinks-second-month/?ref=eb&nid=1948&block=article_block_a&u=524e924e2fd001e39172236d4b7a6fb7&date=131224
Today fresh UK economic data also reveals the UK economy shrank by 0.1% in October, the second such contraction in…
UK’s economy shrinks unexpectedly by 0.1% in October. GDP figures underline scale of challenge for Labour to get the economy…
Rachel Reeves has given her reaction to the UK’s GDP contracting for the second month in a row. Meanwhile, ministers…
The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to…
UK GDP falls by 0.1% m/m in October, matching September drop · First back-to-back monthly drop since March/April 2020 ·…
Expectations negative for first time in 2024 as business confidence plummets since Rachel Reeves’s budget. Read More