UK economic growth downgraded for second quarter December 22, 2025 Growth in the UK economy was revised downwards on Monday after fresh figures revealed economy expanded less than initially thought in the second quarter. The Office for National Statistics (ONS) cut the UK’s economic growth in the three months to June to 0.2 per cent from 0.3 per cent previously. The third quarter’s sluggish 0.1 [...]
UK on ‘recession watch’ as economy contracts amid Budget chaos December 12, 2025 The UK economy shrank 0.1 per cent in October – the second consecutive month of decline – as businesses paused investments amid consistent speculation about upcoming tax hikes in Rachel Reeves’ second Autumn Budget. The latest figures published by the Office for National Statistics (ONS) dealt another blow to the Chancellor’s growth agenda as new [...]
Britain faces ‘looming’ crisis without spending cut, says Mel Stride-backed report September 15, 2025 Britain faces a looming fiscal crisis without reigning in spending and boosting the competitiveness of the City, according to a new report. With annual per capita growth stagnating and public spending ballooning, the government needs to bring growth back to the economy and boost living standards, according to the Centre for Policy Studies (CPS) report [...]