UK Economy

Prime Minister Keir Starmer with Chancellor of the Exchequer Rachel Reeves.

UK economy grows at fastest rate in a year in boost for Reeves

Ted Baker has relaunched its online business in the UK. (Photo by Nicholas.T.Ansell/PA Wire)

High street closures: Major retailers loved and lost in 2024

Oasis' reunion shows could net Manchester's local economy over £7 million across the five nights at Heaton Park - an economic bump Cardiff, London and Edinburgh should also anticipate.

Oasis’ reunion shows set to fetch over £7 million for local economies

The Bank of England has cut the UK’s interest rates for the first time since March 2020

Interest rates cut to 5% in first drop since 2020

Rishi Sunak on BBC’s Sunday with Laura Kuenssberg. Credit: BBC

Sunak accused of living in ‘parallel universe’ over NHS and economy

UK economy bounces back in April as pubs and bars boost spending. (Photo: Yui Mok/PA Wire)

UK economy bounces back in April as pubs and bars boost spending

UK workers will face an effective income tax hike from April (image: Adobe)

Explainer Income tax explained: why a bands freeze means you’ll pay more

The FTSE 100 is a key metric of how the global economy is doing (image: AFP/Getty Images)

Explainer How the FTSE 100 works and why it matters - explained

Inflation remains above 10%. Credit: Mark Hall/Getty/Adobe

Inflation dips but stays above 10% as food prices hit 45-year high

Bank of England governor Andrew Bailey has failed to impress since taking the role in 2020 (image: Mark Hall / Getty Images)

Why the Bank of England governor should stop talking about a 'crisis' Henry Sandercock

Teachers’ and Civil Service strike action acted as one of the biggest drags on economic growth (Photo: Getty Images)

Strikes drag UK economy to standstill as February sees no growth

Calls for transparency around Jeremy Hunt’s Economic Advisory Council

Grocery inflation hit 18.2% - the highest rate in 45 years. Credit: Mark Hall

Vegetable shortages help drive surprise jump in inflation to 10.4%

Chancellor set to extend fuel duty cut beyond March

Jeremy Hunt is soon due to update the government’s tax and spending plans as he delivers his first official budget as Chancellor. Credit: Mark Hall / NationalWorld

What time is the Spring Budget today?

Entertainment, transport and education helped to drive growth in January (Photo: Getty Images)

UK economy rebounds in January easing fears of impending recession

The five ‘missions’ will form the backbone of Labour’s election manifesto (Photo: PA)

Starmer’s five national ‘missions’ for Labour if party gains power
The five ‘missions’ will form the backbone of Labour’s election manifesto
Claire Schofield

UK inflation has fallen slightly for the third month in a row to 10.1% (Photo: Getty Images)

UK inflation falls for third month in a row to 10.1%

The UK narrowly avoided a recession in the second half of last year (Photo: Getty Images)

UK narrowly avoids recession after economy flatlined at end of 2022

The UK economy will shrink this year and perform worse than all of the advanced nations, the IMF warns (Composite: Mark Hall)

UK to be worst performing major economy this year, IMF forecasts

Hunt will dismiss “gloom” about the prospects for the UK economy (Photo: Getty Images)

Hunt to declare ‘bright future’ for UK as he sets out growth plan

The game of capitalism is heavily determined by the social circles you move in and by the amount of money you have available as you start the game (Image: Mark Hall / NationalWorld)

Analysis Survival of the richest: can we afford not to act on inequality?

Taxing the ultra-rich could lift two billion out of poverty worldwide

The growth was also driven by people packing into pubs and bars to watch the World Cup (Photo: Getty Images)

UK recession in doubt as economy unexpectedly grows in November

Higher taxes could be here to stay for ‘several decades’, IFS warns

Jeremy Hunt failed to truly measure up to the challenges our country faces - the immediate cost-of-living emergency and the longstanding need to level up and end regional inequality (Image: Mark Hall / NationalWorld)

Analysis: Jeremy Hunt failed to fix the foundations for levelling up

Jeremy Hunt delivered his Autumn Statement (Image: Mark Hall / NationalWorld)

The key points from Jeremy Hunt’s Autumn Statement

There is no longer a 'minister for small business' in Liz Truss's government (Picture: Jeff J Mitchell/Getty Images)

As it happened: Liz Truss pledges not to reduce public spending
Follow our politics live blog for all the latest news and analysis from the NationalWorld team.
Ralph Blackburn

Britain’s economy shrank unexpectedly in August (Photo: Getty Images)

UK economy shrinks unexpectedly in August raising recession fears

Laura Kuenssberg interviews Prime Minister Liz Truss on the BBC1 current affairs programme, Sunday with Laura Kuenssberg

The key quotes from Liz Truss interview on Laura Kuenssberg’s show

Here’s what experts think about the Government’s mini budget - and the intervention by the Bank of England.

‘Anti-evidence and anti-reason’: the experts’ verdict on mini budget