UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month.
Sterling eases after UK economy unexpectedly contracts in January
Sterling lost some ground versus the dollar on Friday after data painted a grim picture of the British economy, and it softened against the euro as prospects of a German debt deal lifted the shared European currency.
UK economy shrank by 0.1% in January
The UK economy shrank by 0.1% in January, according to the latest official figures. A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics said. This breaking news story is being updated and more details will be published shortly.
UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves
The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement
UK economy unexpectedly shrinks in January in blow to govt
Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy.
UK economy unexpectedly shrinks by 0.1% in January marking fresh blow to Rachel Reeves
The UK economy unexpectedly contracted by 0.1% in January marking the latest blow to Chancellor Rachel Reeves.
UK economy sputters in January, underlining Reeves' growth challenge
Britain's economy unexpectedly contracted in January, extending a run of stop-start data that has dogged finance minister Rachel Reeves' attempts to ignite growth, before an update to parliament on the economic outlook.
UK economy unexpectedly contracted 0.1% in January
The UK economy unexpectedly contracted by 0.1 per cent in January, delivering a blow to chancellor Rachel Reeves ahead of her high-stakes Spring Statement this month. Friday’s monthly GDP figure from the Office for National Statistics was below both the 0.
Another blow for Rachel Reeves as UK economy shrinks ahead of crunch Budget
GDP is estimated to have fallen 0.1% in January 2025, figures from the Office of National Statistics (ONS) show. The drop was ...
No 10 says Donald Trump’s tariffs not responsible for UK economy shrinking
Trump’s tariffs are not responsible for the UK economy shrinking, No 10 has said, in a position that appears to contradict ...
2 investment trusts to consider as confidence in the UK and Europe surges
These European and UK investment trusts are on sale right now. Could they be great buys as investor confidence in US shares ...
Economy finds reverse gear in January with surprise contraction
The chancellor signals that rising global challenges are to blame for renewed pressure on the UK's output as critics urge her ...
'I'm a driving expert - this bad habit can ruin your car's fuel economy'
Drivers looking to get the best fuel economy figures out of their car have been urged to ditch three bad habits that can burn ...
UK Urges Economic Pressure on Russia If Putin Balks at Truce
UK Prime Minister Keir Starmer called on Western nations to ramp up economic pressure on Russian President Vladimir Putin if ...
LIVE: FTSE pushes higher and pound dips as UK economy unexpectedly shrinks
The FTSE 100 (^FTSE) and European stocks were higher on Friday afternoon as traders digested news that the UK economy ...
Rachel Reeves on the brink as expert warns: 'UK economy is on a knife edge'
The labour market is beginning to "crack under the weight of higher costs and increased regulation", warned Mr Jessop.