UK Economy
13 Jan
Britain's economy unexpectedly grew in November, official data showed Friday, but it is widely tipped to enter recession this year as the country faces a cost-of-living crisis.
4 Oct
Britain's Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn.
30 Sep
Britain's economy grew in the second quarter and did not shrink as previously thought, data showed Friday, easing recession fears amid ongoing turmoil over the government's tax-slashing budget.
26 Sep
The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
13 Jul 2022
Britain's economy rebounded in May, official data showed Wednesday, dampening fears of a slowdown despite surging inflation and rising interest rates.
6 Oct 2021
British Prime Minister Boris Johnson rallies his Conservative party faithful on Wednesday, vowing a far-reaching overhaul to wean the UK economy off cheap foreign labour after Brexit.
9 Jul 2021
Britain's economy grew for a fourth month running in May on further easing of lockdown measures but the rate of expansion slowed more than expected, official data showed Friday.