Category : Search result: UK economic decline


UK Economy Contracts at Fastest Pace in 11 Months

Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.

UK Economy Stagnates with Zero Growth in April

Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.

Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

UK Economy Stagnates with Zero Growth in April

Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.

Reeves gives OBR veto power over budgets

Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.

IMF Warning: Global Economy Faces Perfect Storm

IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.

JPMorgan CEO Dimon Issues Recession Warning

JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.

Britain's alarming slide back to the 1970s crisis era

As Britain faces economic turmoil, political instability and social decay, veteran commentator John Macleod delivers a stark warning about our nation's alarming slide back towards the crisis-ridden 1970s.

Scottish Business Confidence Hits Record Low

New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.

Charity to close nearly 50 shops across UK

The British Heart Foundation reveals devastating plans to shut down dozens of charity shops across the UK, blaming economic pressures and declining donations for the unprecedented closures.

Government Shutdown Costs UK Economy Billions

Fresh economic analysis exposes how political gridlock and government shutdowns are draining billions from the UK economy, with businesses and taxpayers bearing the brunt of Westminster's paralysis.

UK Economy Grows 0.4% in Q2 - Strongest Since 2021

Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.

Reeves Unveils Labour's Economic Revolution

Shadow Chancellor Rachel Reeves delivers landmark speech outlining Labour's radical economic overhaul, from housebuilding boom to planning system shake-up and North Sea oil confrontation.

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