All news on the topic: British economy

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Starmer hails "huge win" as UK-Gulf pact promises €4bn annual boost to economy
The agreement is the first of its kind between the GCC and a G7 country, and will eliminate tariffs on billions of euros worth of British exports.
904
UK households cut savings to a one-year low as higher taxes bite and spending keeps rising
British households saved less during the July-to-September period of this year as they felt the impact of higher taxes but continued to increase their spending, according to official data that confirmed a slowdown in the broader economy.
678
Labour’s economic plan under scrutiny ahead of second budget
Rachel Reeves has announced the latest possible date for her second Budget in an effort to salvage Britain’s dire public finances.
628
NatWest fully returns to private ownership after 17 years of state control and £10.5 billion loss to taxpayers
NatWest, formerly known as RBS, received nearly £46bn of taxpayer funding in 2008 and 2009.
774
UK economy increases by 0.1% in an unexpected boost for Rachel Reeves
ONS data showing British national output rose in the final quarter of 2024 defies forecasts of a 0.1% decline.
772
Water bills set to rise by 36% over the next five years, Ofwat announces
Water companies have been given a green light to increase bills by more than a third in a move that has already branded a ‘bloody disgrace’.
591
UK ’heading into recession’ as ’job crisis’ deepens due to national insurance hike, warns recruitment firm
One of the UK’s biggest recruiters has warned that the UK is heading towards recession, blaming the chancellor’s National Insurance hike for a slump in the jobs market.
788
UK unemployment falls as wage growth reaches its lowest level in two years
Rachel Reeves says there is more to do in supporting people into employment and she will take action in budget
635
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.
912
How Brexit’s aftermath hindered climate action in Northern Ireland
Politicians shut down the Stormont Assembly for two years. Among the casualties: Northern Ireland’s hopes of greening its economy.
877
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.
897
General Election 2024: hopes for interest rate cut suffer further setback
The final set of employment figures before polling day show wages continuing to grow at way more than double the rate of inflation, which is a double-edged sword for Rishi Sunak’s government.
745
How did the Bank of England handle four years of unexpected events?
Seven days after Andrew Bailey became governor of the Bank of England in March 2020, Britain’s first covid-19 lockdown began.
640
Multi-millionaire Rishi Sunak offers public financial advice in bizarre video
Rishi Sunak has offered financial advice to members of the public in a bizarre video posted on Twitter/X.
895
UK goods face new Canada tariffs in latest Brexit trade blow
Hopes of a last-minute resolution have been dashed.
816
UK factories report first growth in nearly 2 years, PMI survey shows
British manufacturers reported their first overall growth in activity in 20 months in March thanks to recovering demand in their home market, according to a survey that added to signs that last year’s shallow recession has ended.
715
UK taxpayers could be hit with huge price rises after Thames Water investors refuse to save struggling firm
It is now likely that the Government will have to step in for the water firm via a special administration
887
China's regulator vows to raise listed firms quality and tackle market abuses
The markets regulator on Friday renewed its efforts to pep up the stock market, pledging to raise the quality of companies listed on domestic markets
1264
More than 2,000 UK firms went bust last month, new figures show
The level of company insolvencies spiked in February with cosmetics chain The Body Shop among the high street brands to collapse into administration
683
Women caught in “poverty trap” with more than a quarter claiming UC in 30 areas
As many as one in three women were on Universal Credit in some parts of the country, the latest DWP figures show - a million more than men - wth charity Gingerbread saying many single parents were being frozen out of higher paid jobs
727
'My home is freezing, damp and mouldy - lack of insulation means I could die'
Pensioner Sandra fears for her life as she struggles to stay warm in her uninsulated home which is overrun with damp and mould. Here, she shares her terrifying situation with The Mirror
928
UK hails Texas trade agreement saying 'state-level strategy is working'
The deal will build closer trade co-operation with Texas as the Government continues to pursue state-level agreements in the absence of a wider free trade agreement with the US
973
India signs $100 billion free trade agreement with four European nations
The trade deal was signed with Iceland, Liechtenstein, Norway and Switzerland and it has been reported that India is also working on trade agreements with Britain and the European Union
574
Blur's Dave Rowntree hopes to help Labour remind the nation Britain is amazing
The rock star-turned-MP hopeful told us of his plans and reminisced about 90s Cool Britannia. Asked if Keir Starmer could bring back that feeling, he said "Let's hope"
1299
Jeremy Hunt refuses to tell Robert Peston how many homes he owns in TV clash
As he appeared on ITV's Peston, Chancellor Jeremy Hunt refused to answer question on how many properties he owns after announcing a Budget tax break for landlords