uk-economy

Image for UK consumer spending disappointed in November, surveys showFinance

UK Consumer Spending Disappointed in November, Surveys Show

Image for UK businesses put plans on hold before Reeves' budget, PMI showsFinance

UK Businesses Put Plans on Hold Before Reeves' Budget, PMI Shows

Image for Explainer-What challenges lie ahead for UK's plan to expand Heathrow Airport?Finance

Explainer-What Challenges Lie Ahead for UK's Plan to Expand Heathrow Airport?

Image for Rank Group warns $53 million hit from UK gaming tax changesFinance

Rank Group Warns $53 Million Hit From UK Gaming Tax Changes

Image for Britain records new wind power generation record, NESO says

Britain Records New Wind Power Generation Record, Neso Says

Date: December 8, 2025

Dec 8 (Reuters) - Britain posted a new wind generation record, producing enough power for more than 23 million homes, the National Energy System Operator said on Monday. NESO highlighted that wind...

Image for UK services firms report slower growth, more job cuts in lead up to budget, PMI shows

UK Services Firms Report Slower Growth, More Job Cuts in Lead up to Budget, PMI Shows

Date: December 8, 2025

By Suban Abdulla LONDON, Dec 3 (Reuters) - Growth among Britain's services firms declined last month and employment contracted the most since February in the run-up to the government's budget,...

Image for Bank of England's Taylor expects inflation to fall to target 'in the near term'

Bank of England's Taylor Expects Inflation to Fall to Target 'in the Near Term'

Date: December 8, 2025

LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and inflation in the services sector look set to slow further, Bank of England...

Image for UK OBR downgrades 2026 growth forecast to 1.4%

UK Obr Downgrades 2026 Growth Forecast to 1.4%

Date: December 8, 2025

LONDON (Reuters) -Britain's economy is forecast to grow by 1.4% next year, according to estimates by the country's budget watchdog published on its website on Wednesday ahead of finance minister...

Image for UK's budget watchdog to publish one full forecast per year

UK's Budget Watchdog to Publish One Full Forecast per Year

Date: December 8, 2025

LONDON (Reuters) -Britain's Office for Budget Responsibility will carry out one full fiscal forecast a year instead of the current two, according to its outlook unexpectedly published on Wednesday...

Image for UK inflation to average 2.5% in 2026, OBR forecasts

UK Inflation to Average 2.5% in 2026, Obr Forecasts

Date: December 8, 2025

LONDON (Reuters) -British consumer price inflation is set to average 2.5% in 2026, according to estimates by the Office for Budget Responsibility published on its website on Wednesday ahead of finance...