A new survey by the Confederation of British Industry (CBI) revealed that confidence in the UK's services sector has dropped due to persistent cost pressures and weak demand.
UK retail stocks, including major names like Associated British Foods (Primark) and Kingfisher, experienced a sell-off following a bearish note from Deutsche Bank about a slowdown in discretionary spending.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
Rate cuts by more than 20 banks following the BoE move risk pushing savings returns below inflation.
A Commons Library briefing summarised Q2 GDP and sector drivers, aiding policy debate and investor understanding.
Economists said the Q2 GDP surprise reduces pressure for rapid follow-up cuts after August’s split decision.
The pound strengthened this week as traders priced Fed easing and reassessed BoE cuts after resilient UK growth.
UK stocks hit new highs as investors shake off trade worries; inflation and unemployment rise.
New data shows that nearly 4,000 company directors have left the UK in recent months, raising concerns about a potential 'wealth exodus' ahead of possible tax increases.
The Bank of England reduced rates by 25bp to 4.0%, with a closely divided MPC underscoring policy uncertainty.
BoE reduces rates as UK inflation spikes to 3.5%, signaling confidence in falling prices ahead.
A survey by the Institute of Directors (IoD) reveals that business leader confidence in the UK economy has fallen to its lowest level since the index began in 2016.
Average UK house prices rose by 0.6% in July, recovering from a previous dip, according to Nationwide.
Official figures reveal that renewable sources provided over half of the UK's electricity for the first time in 2024.
The British Pound is experiencing its weakest month against major currencies in nearly two years.
UK retailers have cautioned that potential tax increases proposed by Shadow Chancellor Rachel Reeves could lead to higher prices for consumers and job losses.
The UK government is set to introduce a ban on ransomware payments and new reporting requirements for businesses.
Study highlights that cashless shift may disadvantage deprived UK communities.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
Experts caution that Premium Bonds winnings may lead to unexpected tax bills depending on how they’re used.
McVitie’s introduces a new caramel-flavoured Penguin biscuit available in major UK supermarkets just in time for autumn.
