Downgrades to productivity means the economy is set to grow at an annual rate of 1.5% on average over the next five years.
The Confederation of British Industry on Friday bumped up its economic growth forecast for next year, citing a temporary ...
Britain's unemployment rate hit its highest since the start of 2021 and private sector pay growth was the weakest in nearly ...
However, it expects the economy to get a slight boost in late 2026 from lower interest rates and a "gradual" improvement in ...
Danske Bank has upped its growth forecast for the Northern Ireland economy for the second time inside three months. With just ...
The Labour government has made trade a key lever to boost growth prospects for UK companies but forecasts tell a different ...
Britain's economy shrank unexpectedly in the three months to October, losing momentum in the fraught run-up to finance ...
UK inflation cooled to 3.2% in November, below forecasts, strengthening expectations of a Bank of England rate cut.
The UK budget is usually a story of growth forecasts, borrowing levels and fiscal discipline. But ahead of this month's high-stakes event, growth has been slower than expected. At the same time, as ...
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 ...
Growth in the global economy is expected to be stronger this year than previously thought, an influential global policy group has said. The Organization for Economic Co-operation and Development (OECD ...