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GDP

  • GDP figures to pile further pressure on Reeves as recession risks mount

    February 10, 2025

    New figures set to be released on Thursday are expected to show that the UK economy shrunk 0.1 per cent in the three months to December.

  • Great ‘British success story’: Howden Insurance breaks £3bn barrier

    February 5, 2025

    Howden Insurance is a "phenomenal British success story," its boss David Howden told City AM after the insurer announced it broke the £3bn revenue barrier

  • UK economy will ‘struggle’ to grow more than one per cent in 2025

    February 3, 2025

    The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.

  • US economy grows less than expected but households remain resilient

    January 30, 2025

    Figures from the Bureau of Economic Analysis (BEA) showed that the world's largest economy grew at an annualised rate of 2.3 per cent in the final three months of the 2024.

  • ECB cuts interest rates for fifth time after growth underwhelms

    January 30, 2025

    The decision to cut rates by 25 basis points was widely expected by investors, and means the benchmark interest rate stands at 2.75 per cent.

  • UK economy: Only three sectors report growth as Reeves’ woes deepen

    January 20, 2025

    The number of sectors seeing higher output in December was at its lowest level since September 2023.

  • UK economy: Interest rate cut a ‘certainty’ in February after weak data

    January 16, 2025

    Economists expect the Bank of England to back a third rate cut next month after two important pieces of economic data were published this week.

  • Pressure on Reeves after more sluggish growth – but it’s not all doom and gloom

    January 16, 2025

    Rachel Reeves’ handling of the UK economy is likely to come under further scrutiny after the publication of another set of lacklustre GDP figures. The UK was the fastest growing economy in the G7 in the first half of last year. It is now on track to be stagnant in the second half, having grown [...]

  • UK economy grows just 0.1 per cent following Budget

    January 16, 2025

    Economic momentum has ground to a halt since Labour took office while business confidence has also fallen sharply, particularly in the wake of October's Budget.

  • Brexit, Trump tariffs and China set to weigh on UK trade

    January 13, 2025

    UK trade will only grow by 0.7 per cent annually between 2023 and 2033, according to new projections from Boston Consulting Group (BCG).

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