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growth mandate

  • GDP: UK faces ‘most dismal decade for growth in 100 years’

    Economics

    The UK economy had a minor expansion in the fourth quarter of 2025 coming a touch below expectations as an expected boost from the services sector failed to come to fruition. Fresh figures from the Office for National Statistics (ONS) showed the economy expanded a sluggish 0.1 per cent in three months to December 2025. [...]

    Rachel Reeves appointed as Chancellor, smiling confidently at podium during press conference, emphasizing economic policy.
  • ‘Spectre of recession’ looms with growth set to dim in 2026

    Economics

    The government is facing a critical warning over the looming “spectre of recession” after economic growth stalled in the second half of 2025 and is expected to wane in the new year. On Monday, fresh figures from the Office for National Statistics (ONS) downgraded the economy’s second quarter expansion to a sluggish 0.2 per cent [...]

    Keanu Reeves as James Bond in a sleek suit against a night cityscape for the latest Spectre film adaptation news.
  • FTSE 100 Live: Budget hits hiring market as economy feels pinch

    Markets

    Good morning and welcome back to the City AM liveblog. On Friday, the Labour government’s mission for economic growth proved to be not just sluggish but in free fall. The latest figures published by the Office for National Statistics (ONS) dealt another blow to Rachel Reeves as new data showed production output shrank 0.5 per [...]

    Live blog placeholder image for a general news article on a business website, featuring a neutral background and subtle de...
  • Autumn Budget: ‘Window is closing’ on Labour’s growth mission

    October 9, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of BusinessLDN shares what he thinks could be the capital’s 21st century moment. The “window is closing” on the government’s mission to achieve economic growth, the boss of London’s business advocacy group [...]

  • Growth mandate won’t harm consumers, says competition watchdog

    July 16, 2025

    The boss of the UK’s competition watchdog has insisted there is no additional risk of consumer harm from the government’s bid to put regulators on a growth footing, despite her former chair being ousted for not buying into the push. Competition and Markets Authority (CMA) boss Sarah Cardell said she saw “no tension” between her [...]

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