UK economy ekes out 0.1% growth in November, below expectations
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political ...
UK politics live: Reeves urged to call urgent meeting with banks as economy decline prompts austerity fears
Treasury calls for ‘ruthless spending cuts’ as Reeves contends with fresh economy blow - The pound is under further pressure ...
UK Economy Returns To Growth, But Faces Uncertain Outlook -- 2nd Update
The Office for National Statistics Thursday said gross domestic product was 0.1% higher in November than it was in October, a weaker outcome than the 0.2% rise expected by economists. That marked a ...
UK markets are in turmoil as bond yields spike and the pound slides — here's why
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
UK inflation unexpectedly eases in December, which could reduce bond markets pressure
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
Tulip Siddiq resigns as Treasury minister
Treasury minister Tulip Siddiq has resigned after growing pressure over an anti-corruption investigation in Bangladesh. She ...
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UK Treasury chief heading to China to revive suspended economic and financial talks
Britain's Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the ...
UK lawmaker Emma Reynolds appointed to replace Tulip Siddiq
British Prime Minister Keir Starmer appointed lawmaker Emma Reynolds as Economic Secretary to the Treasury on Tuesday after ...
Welsh railways underfunded, UK government admits
The first minister has welcomed an admission by the UK government that spending to improve Wales' railways has been at "low ...
Trump Era Will Usher 'Economic Golden Age,' Treasury Pick Scott Bessent
Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age." ...