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UK economy

  • UK government borrows more than expected as debt pile grows

    July 19, 2024

    The governement borrowed more than expected during the month of June.

  • Retail sales slump despite higher real wages

    July 19, 2024

    Retail sales fell faster than expected with department stores particularly badly hit.

  • FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty

    July 19, 2024

    Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.

  • Big-ticket ad campaigns are back as UK economy brightens

    July 18, 2024

    Big-ticket advertising campaigns, including those on television and radio, are making a comeback as the UK's economy continues to improve.

  • Profit warnings falling amid improving economy but scars remain

    July 18, 2024

    "We can expect the economy to continue to recover, but slowly and unevenly," Jo Robinson, a partner at EY said.

  • FTSE 100 today: London markets poised to open higher as UK job creation likely slows

    July 18, 2024

    Asian stocks fell amid rising US-China trade tensions. Investors now await UK employment data, the ECB decision and AJ Bell's earnings.

  • King’s Speech: Starmer to ‘level up’ workers’ rights with employment reforms

    July 17, 2024

    Sir Keir Starmer has pledged to “level up workers’ rights” via a series of employment reforms included in the King’s Speech.

  • Stubborn services prices to raise concerns as inflation remains at two per cent

    July 17, 2024

    Speaking last week, Huw Pill, the Bank's chief economist, said persistence in wage growth and services inflation points to "uncomfortable strength in those underlying inflation dynamics”.

  • UK gets another upgrade but Labour’s growth target looks ‘unlikely’, PwC says

    July 17, 2024

    New forecasts from PwC suggest the UK will grow around one per cent this year, up from the 0.5 per cent projected by the firm at the end of last year.

  • FTSE 100 today: Blue-chip to rise on sub-two per cent inflation, boosting rate cut bets

    July 17, 2024

    Asian stocks rise amid Fed rate cut hopes, gold extends rally; investors focus on upcoming UK and Euro area CPI reports.

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