Recession over as UK GDP grows faster than expected in first quarter May 10, 2024 Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 per cent expansion.
FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism May 10, 2024 Asian markets surged with Wall Street, reflecting growing investor confidence, with Europe, including London, set to follow.
‘Anaemic’ UK growth means Hunt will fail to meet fiscal rules, think tank warns May 9, 2024 The UK will suffer from "anaemic" growth for the foreseeable future meaning the government will fail to meet its fiscal rules, new forecasts suggest.
Small business confidence leaps higher as end to UK recession gathers steam May 8, 2024 Confidence among small businesses leapt higher in the first quarter of the year, according to the Federation of Small Businesses (FSB), in a sign that the UK's recovery from recession continues to gather steam.
High levels of migration contributing to slowdown in productivity growth, report suggests May 8, 2024 "Large-scale migration has not delivered the economic benefits its defenders argue it should - with the era of mass migration coinciding with a significant slowdown in GDP per capita growth," O’Brien said.
UK to bid recession farewell as debate over state of the economy heats up May 7, 2024 New figures out this week are set to show that last year's shallow recession has come to an end as political debate about the state of the economy heats up.
UK construction activity recovers despite housebuilding struggles May 7, 2024 Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.
Long-term sickness: How worsening mental health is holding back the economy May 4, 2024 Economic inactivity, driven by long-term sickness, is fast becoming one of the most pressing challenges facing the UK economy.
Nobel Prize-winning economist: Here’s what Labour should do to improve the economy May 3, 2024 "I really think they're under-promising," Stiglitz told City A.M. "They're not going far enough. I understand why they do not want to be as aggressive as I would be."
UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes May 2, 2024 "This forecast is not particularly surprising given our priority for the last year has been to tackle inflation with higher interest rates," Chancellor Jeremy Hunt said.