OECD cuts UK growth forecasts as Rachel Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlook ...
UK Axes Regulators, Targets Welfare in Economic Growth Drive
The UK government will abolish more business regulators and scale back welfare spending to drive stagnant economic growth.
Rachel Reeves’ 60 new changes to try and revive UK economy and cut red tape
Chancellor Rachel Reeves is set to unveil 60 new measures to boost economic growth. She will meet with regulators today ...
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key ...
UK economy sputters in January, underlining Reeves' growth challenge
Britain's economy unexpectedly contracted in January, extending a run of stop-start data that has dogged finance minister ...
UK’s economy downgraded days before Spring Statement in huge blow for Rachel Reeves
RACHEL Reeves received a blow just days out from her Spring Statement after the UK economy was downgraded. Britain has been caught up in the tailwinds of a hit to global growth and rising ...
Donald Trump Blamed for UK's Economic Woes
The U.K. finance minister blamed a changing world—an implicit nod to President Donald Trump's unfurling trade war—for the ...
UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves
The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement ...
Another blow for Rachel Reeves as UK economy shrinks ahead of crunch Budget
GDP is estimated to have fallen 0.1% in January 2025, figures from the Office of National Statistics (ONS) show. The drop was ...
UK economy unexpectedly shrank by 0.1% in January
The U.K.'s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain's Office ...