UK manufacturing slips back into contraction amid Red Sea disruption fears May 1, 2024 The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.
Top forecaster says UK economy has reasons to be cheerful with stagnation to fall away April 28, 2024 The UK economy could be on the mend after it fell into a shallow recession last year as it battled high inflation and interest rates.
Strong services sector helps UK economy continue to ‘gain momentum’, but inflationary fears mount April 23, 2024 Although the manufacturing sector recorded a marginal decline in activity in April, output from the services sector climbed for the sixth consecutive month.
Five graphs that explain the UK economy ahead of GDP, inflation and unemployment data April 10, 2024 The great challenge for the UK economy is to restore some degree of growth following a very sluggish 2023.
UK services sector continues to grow driving fears of ‘sticky’ inflation April 4, 2024 Firms in the service sector noted that economic conditions were slowly improving, but flagged household incomes remained constrained due to higher interest rates.
UK economy ahead of rivals as prospects for 2024 look rosy April 4, 2024 The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.
‘Recovered from doldrums’: UK manufacturing returns to growth for first time since July 2022 April 2, 2024 Output and new orders for manufacturing firms increased for the first time in a year helping business optimism about the year ahead to hit an 11-month high.
‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision March 22, 2024 "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
UK economy sees another ‘robust expansion’ in March as manufacturing sector improves March 21, 2024 The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watch survey suggests.
London remains UK’s strongest region as capital powers country out of recession March 11, 2024 Despite the decrease, the figures still pointed to a "robust expansion in activity" with London remaining the strongest-performing region in the UK.