All news on the topic: Economics

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UK economy grew more than initially estimated in early 2024
The economy grew by more than initially estimated in the first three months of 2024 as the UK emerged from recession, revised official figures show.
583
UK achieves 2 percent inflation target
The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.
470
Analysis shows UK unemployment is increasing faster than in any other OECD country
TUC says only Costa Rica had similar increase in first quarter as ONS data expected to show further rise in April
417
UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut
Drop in April is smaller than forecast but level is still lowest in almost three years
367
UK economy emerges strongly from recession
The 0.6 percent growth was stronger than analysts had expected.
454
Dragging down the dragon: China’s economic woes are unsolvable without the resumption of market reforms
China faces mounting challenges, the result of a real estate bubble, a stock market crisis, and a growing debt burden.
394
Brexit border checks to ’add billions’ to consumer bills
Post-Brexit checks will add more than £330m to annual business costs and 0.2% to food inflation over three years, the government admitted.
464
Ireland benefits from €700m Brexit windfall through customs duties
Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain
408
How to fix Britain’s barmy VAT regime
Britain’s second-most-important tax is riddled with holes
400
UK inflation has decreased by a smaller margin than anticipated, reaching 3.2%, which dampens hopes for a rate cut
Predictions for when Bank of England will start lowering cost of borrowing pushed back
380
The implementation of new Brexit checks is projected to cost UK businesses £2 billion and could contribute to fueling inflation
Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says Allianz Trade