Since 2007, the first version of official economic history — the version that gets reported as news every few months — showed that the average annual growth rate was 0.76 per cent. By contrast, the ...
Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.
In the memorable words of one official statistician, Britain’s economy was “going gangbusters” at the beginning of 2024. Unfortunately, last year appears to have ended with a whimper. The best hope ...
The UK is grappling with stagnant growth and stubborn inflation, but will it tip over into recession? The latest World Economic Outlook from the International Monetary Fund (IMF) expects UK growth to ...
Manufacturing rebounded in the month as carmaker Jaguar Land Rover resumed operations after a cyberattack that had weighed on the UK economy in September.