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UK economy

  • Has Tesco benefited from people trading down?

    April 10, 2024

    Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers. 

  • Services trade sees UK become world’s fourth largest exporter

    April 9, 2024

    The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.

  • Forecasts by the Bank of England and the OBR are drifting apart. Is it a problem?

    April 9, 2024

    Economic forecasts by the Bank of England and the Office for Budget Responsibility are drifting further apart. Chris Dorrell explains why this could be a problem

  • Barclays: Tiktok and Instagram ‘no spend challenge’ helps push non-essential spending to two-year low

    April 9, 2024

    Non-essential spending slumped to its lowest level in over two years, a new report has found, as Brits partaking in a popular no-spend challenge bruises restaurant and retail trade.

  • UK economy ahead of rivals as prospects for 2024 look rosy

    April 4, 2024

    The UK economy has made a stronger start to the year than advanced economies around the globe, according to a closely watched survey.

  • Why economists might be underestimating the UK economy

    April 3, 2024

    French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.

  • Let’s be honest, Labour’s ‘securonomics’ will make the UK economy less secure

    March 21, 2024

    Reeves’ aspiration to deliver greater stability may sound appealing, but greater state involvement will not deliver the growth she promises.

  • ‘Fragile’ UK at risk from ‘another acceleration’ in business insolvencies, Allianz warns

    February 28, 2024

    The insurer's global insolvency outlook estimated 15 per cent of small and medium-sized businesses in the UK are at risk of going bust, the highest proportion of "fragile firms" in Europe.

  • Why Hays’ first half results should have us worried about the job market

    February 22, 2024

    Recruiter Hays has felt the chill wind of a struggling economy with profits slipping year on year

  • Is the UK becoming a ‘challenging place’ to grow a business?

    February 20, 2024

    According to a new report from Goldman Sachs's 10,000 Small Businesses UK Programme, the number of 'high growth businesses' — those actively growing both headcount and revenue — dropped from 39,000 in 2008 to 36,000 in 2022.

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