UK economy, Iran
Digest more
Forecasters agreed the imminent outlook for the UK economy looked relatively promising - until President Trump launched strikes on Iran.
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.
BRITS will be clobbered by a historically high tax take – as Rachel Reeves insists her plan for the economy IS working. The Chancellor said her measures were even more important against the
The UK’s Spring Forecast projected modest growth, easing inflation, and improving public finances—but fresh uncertainty from the US-Iran conflict and rising energy prices may already have thrown those forecasts off course,
The Spring Statement on 3 rd March 2026 provided an update on the economy and public finances, without introducing any major tax changes. The Chancellor of the Exchequer, Rachel Reeves reiterated the governments focus on reducing the cost of living,
The British economy barely grew in the final three months of 2025, with experts blaming uncertainty surrounding the government’s budget for lower than anticipated business investment and consumption.
The economic outlook for the UK in 2025 presents a mixed picture, with expectations of modest growth tempered by persistent inflationary pressures. Growth Projections The Organisation for Economic Co-operation and Development (OECD) has revised its ...
LONDON, March 4 (Reuters) - Britain's services sector grew robustly during February, according to a survey on Wednesday that also showed job cuts and price pressures persisted, a potential worry for the Bank of England ahead of this month's interest rate decision.
In the memorable words of one official statistician, Britain’s economy was “going gangbusters” at the beginning of 2024. Unfortunately, last year appears to have ended with a whimper. The best hope now is that this pattern will be reversed in 2025 ...