The UK economy grew by 1.3% overall last year, up from 1.1% in 2024, figures from the Office for National Statistics show.

The chancellor says in her Spring Statement that unemployment will peak later this year and then fall every year of the forecast period until 2030.

Unemployment predicted to continue rising to 5.3% as chancellor says she is meeting energy firms amid soaring oil and gas prices ...

In her speech, delivered against the backdrop of the Iran war, Reeves insisted she would protect British families from the ...

Economists don't expect any major policy announcements as the government prioritizes its "Autumn Budget" as the main fiscal event of the year.

A major surprise of 2025 was the fact that the Bank of England did not cut interest rates by as much as expected — as inflation remained stubbornly high. Pressure on consumers has also weighed on ...

The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour ...

LONDON, Nov 24 (Reuters) - Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on ...

Looking ahead, we think some of the negativity around the United Kingdom’s medium-term economic performance is overdone. A tighter fiscal policy stance is expected to come about from the autumn budget ...

UK finance minister Rachel Reeves promises economic stability in upcoming budget, while Middle East conflict and inflation ...

By David Milliken and Andy Bruce LONDON, March 3 (Reuters) - British finance minister Rachel Reeves said she would steer the ...