UK economy

The UK service sector recorded a solid upturn in August, with the S&P Global UK Services PMI Business Activity…

UK private sector output grew at its fastest pace in a year in August, driven by a rise in new orders, according to…

The UK manufacturing sector contracted further in August, with output falling for the tenth consecutive month amid…

UK car production rose for a second straight month in July, up 5.6 per cent to 69,127 units, the Society of Motor…

The United Kingdom could be forced to seek a loan from the International Monetary Fund (IMF) due to mounting…

Sterling edged higher on Thursday after survey data showed British businesses recorded their strongest month in a…

UK private sector growth accelerated in August to its strongest pace in a year, driven by robust service sector…

UK inflation picked up slightly in July, driven by higher transport costs, particularly air fares, data from the…

The average price of property coming to the UK market fell by a seasonal 1.3 per cent, or £4,969, in August to…

The pound steadied Monday after briefly touching its strongest level in more than two weeks against the dollar,…

The Bank of England (BoE) decided on Thursday to cut the rate by 0.25 per cent points to 4 per cent, citing…

UK house prices rose by 0.4 per cent in July, the highest monthly increase this year, with the average property…

The pound sterling traded largely unchanged on Wednesday as markets awaited the Bank of England’s upcoming policy…

Sterling edged slightly higher against the dollar on Tuesday and strengthened against the euro, as traders awaited…

The pound sterling rose against the US dollar on Monday, extending Friday’s gains as a weaker-than-expected US jobs…

The pound sterling is on track for its steepest monthly loss against the US dollar since September 2022, as…

British shop prices rose by 0.7 per cent in the 12 months to July, the highest increase since April 2024, driven by…

Pay settlements by British private-sector employers remained flat at 3 per cent in the three months to June,…

UK public sector borrowing rose sharply in June 2025, hitting £20.7 billion — £6.6 billion more than a year earlier…

The pound sterling inched higher against both the dollar and the euro on Monday, though it remained close to…

UK consumer confidence posted its sharpest drop since 2022 last month, reflecting heightened concerns over job…

UK employees' average earnings rose by 5.0 per cent in the year to May 2025, for both regular pay (excluding…

UK annual consumer price inflation rose to 3.6 per cent in June 2025, up from 3.4 per cent in May, driven largely…

The UK economy grew by 0.7 per cent in the first quarter of 2025, unchanged from the initial estimate, according to…

Confidence among British employers climbed to its highest level since 2015 in June, with companies increasingly…

The pound sterling held steady against the dollar on Wednesday, consolidating recent gains as investor sentiment…

The British government on Monday unveiled its industrial strategy for the next decade, with a key reform aimed at…

UK consumer confidence remained deeply negative in June, with households facing mounting financial pressure from…

The Bank of England’s Monetary Policy Committee (MPC) decided to keep Bank Rate unchanged at 4.25 per cent during…

Sterling edged lower against the US dollar on Tuesday as investor caution grew over Middle East tensions and…

Sterling held steady against the US dollar on Monday, trading at $1.359 as investors awaited the Bank of England’s…

The British pound strengthened against the US dollar on Thursday but slumped to a six-week low against the euro, as…

European stock markets fell on Thursday for a fourth consecutive session, as fading hopes over trade deals with the…

UK’s housing market cooled further in May as buyer demand weakened following a hike in property transaction taxes…

Sterling firmed against the dollar on Wednesday as the UK avoided inclusion in US President Donald Trump's latest…

UK’s finance minister Rachel Reeves will on Wednesday confirm a £15.6 billion ($21.1 billion) investment in…

Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…

The pound sterling held largely steady on Tuesday, slipping just 0.15 per cent to $1.352 against the dollar, as…

The UK economy is showing signs of recovery following a slowdown in late 2024, with the International Monetary Fund…

UK economy expanded by 0.7 per cent in the first quarter of 2025, marking a sharp acceleration from the 0.1 per…