UK Economy

The UK's unemployment rate was already rising in the lead-up to Chancellor Rachel Reeves' jobs tax decision, which is expected to lead to an acceleration in the unemployment rate in the coming months.

The UK government looks set to borrow an additional £40BN than previously planned from capital markets this year, having changed the goalposts used to determine its fiscal rules.

Labour is putting the burden of this budget right onto businesses, with a £25bn rise in employer national insurance contributions.

Consumer confidence fell one point this month to -21, according to the country's leading barometer of sentiment.

The British Pound looks to be benefiting from reports that Chancellor Rachel Reeves is going to change the fiscal rules to allow her to borrow more.

The Labour government's proposed changes to the UK’s fiscal framework are poised to bring significant shifts to public spending, taxation, and government debt, according to new research.

The Pound to Euro exchange rate slid back below the 1.20 level after data showed the UK economy cooled in October as anxiety mounts ahead of next week's budget.

The UK professional job market experienced a 5.62% decline in September, marking a stark contrast to what is typically one of the busiest months for recruitment.

Pound Sterling rallies after UK retail sales jump.

The Bank of England could cut interest rates by 50 basis points in November after UK inflation plummeted in September says an analyst we follow, but not all agree.

UK inflation fell to 1.7% year-on-year in September, prompting a selloff in the British Pound.

New wage and inflation forecasts from the NIESR reveal a continued improvement in living standards for workers.

Pound Sterling firmed against the Euro after the ONS reported on-target wage numbers and a decline in the UK unemployment rate.

UK inflation will fall back below the magic 2.0% level next week.

A new report on the UK jobs market looks set to keep Pound Sterling under pressure.

The UK economy faces a critical juncture as private sector growth expectations stall, according to the latest CBI Growth Indicator.

The UK's economic outlook appears increasingly pessimistic as the Institute of Directors (IoD) reports a sharp decline in business confidence, reaching its lowest point since December 2022.

The Bank of England will remain concerned about inflation in the coming months, with a new business survey showing a marked rise in pricing expectations.

The UK economy slowed between August and September, according to a new survey, but it nevertheless continues to expand and is outdoing that of the Eurozone.

The government's downbeat tone on the economy and the nation's finances is having a chilling effect on UK consumers.