The UK economy is expected to slow down in the coming months following a "Goldilocks" start to the year, with the economy enjoying significant growth during the first six months of the year.
Ellie Henderson, UK economist at Investec, claimed that "The economic data released...
The United Kingdom's economy is continuing its recovery from last year's recession with official government figures showing that Gross Domestic Product (GDP) rose by 0.6% for the quarter lasting from April until June. Falling in line with economists' forecasts, this rise in GDP follows...
Figures from the Office for National Statistics showed that the United Kingdom's annual inflation rate rose to 2.2% in July; its first increase since last December. This is slightly lower than the 2.3% rise expected by the Bank of England. Prices fell on a...
UK inflation rose by 4% in December, the Office for National Statistics (ONS) reported, thereby outpacing the 3.8% rise predicted by economists. Higher than the 3.9% rise in November, December's inflation surge was largely driven by a 16% annual rise in tobacco prices, followed...
UK housing prices are on track to their longest streak of improved affordability in over two decades, with data from the Nationwide Building Society showing that average house prices for the year fell 1.8% to £257,443. In real terms, when accounting for inflation, property...
Credit rating agency Fitch Ratings maintained its "negative" outlook on the United Kingdom's economy, adding pressure to the administration of Prime Minister Rishi Sunak. This puts the UK at risk of losing its AA- rating, which is also held by France, the Republic of...
