UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month. Official figures Friday showed that the economy,
Sterling eases after UK economy unexpectedly contracts in January
Sterling lost some ground versus the dollar on Friday after data painted a grim picture of the British economy, and it softened against the euro as prospects of a German debt deal lifted the shared European currency.
UK economy unexpectedly shrank by 0.1% in January
The U.K.'s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain's Office for National Statistics said the fall was mainly due to a contraction in the production sector. Economists polled by Reuters had expected the country's GDP to grow by 0.1%.
UK economy unexpectedly shrinks by 0.1% in January marking fresh blow to Rachel Reeves
The UK economy unexpectedly contracted by 0.1% in January marking the latest blow to Chancellor Rachel Reeves.
UK economy unexpectedly shrinks in January in blow to govt
Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy. The data provides a fresh blow to the government and Prime Minister Keir Starmer,
The UK economy unexpectedly contracts in January in setback for state
The British economy shrank in the first month of 2025 compared with December, driven by a decline in production. View on euronews
UK Axes Regulators, Targets Welfare in Economic Growth Drive
The UK government will abolish more business regulators and scale back welfare spending to drive stagnant economic growth.
UK economy sputters in January, underlining Reeves' growth challenge
Britain's economy unexpectedly contracted in January, extending a run of stop-start data that has dogged finance minister ...
Rachel Reeves on the brink as expert warns: 'UK economy is on a knife edge'
The labour market is beginning to "crack under the weight of higher costs and increased regulation", warned Mr Jessop.
UK deregulation frees space ‘for bolder reforms’, says top bank lobbyist
Emboldened by Prime Minister Sir Keir Starmer’s push for regulators to lift obstacles to risk-taking and economic growth, ...
UK think tank says Reeves 4.4 bln pounds in the red on fiscal rules
British finance minister Rachel Reeves' headroom for meeting her budget rules has probably turned into a 4.4 billion-pound ...
Another blow for Rachel Reeves as UK economy shrinks ahead of crunch Budget
GDP is estimated to have fallen 0.1% in January 2025, figures from the Office of National Statistics (ONS) show. The drop was ...
FTSE 100 Live: Pound Slides After UK GDP Unexpectedly Shrinks
Tariffs: US tariffs on steel and aluminum imports have come into force, which sparked a response from the European Union to ...