Finance
BoE Chief Economist Signals Rate Hike Needed This Year to Curb Inflation
Bank of England Chief Economist Huw Pill indicates interest rates may need to rise this year, citing persistent inflation above target and...
#uk economy 20 articles
Finance
Three in Five UK Homes Unsold as High Mortgage Rates Deter Buyers
Three in five homes listed for sale since January remain on the market, according to Zoopla, as high mortgage rates continue to...
Economy
Burnham’s Devolution: A Path to UK Economic Growth or Fiscal Challenge?
Andy Burnham's radical devolution plan aims to rebalance power and boost economic growth across the UK. While past devolution shows mixed results,...
World Business
Brexit’s Economic Impact: A Decade of Divergence
Ten years after the Brexit vote, economists' predictions of longer-term economic damage are largely confirmed, with trade in goods and business investment...
Finance
UK Economy Suffers 6% Brexit Hit, Bank of England Data Suggests
Analysis of internal Bank of England company data indicates Brexit has cost the UK economy 6% of its potential growth over the...
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
World Business
Starmer Secures £1.3 Billion UK Energy, AI Investment at G7
Keir Starmer announced £1.3 billion in UK energy and AI investments at the G7 summit, aiming to project stability amid a potential...
World Business
Labour’s Brexit Pivot: Economic Reality Shifts Focus to Pro-EU Voters
Labour's Brexit strategy is undergoing a significant re-evaluation, driven by persistent economic sluggishness and a crucial shift in its electoral base. The...
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...