Tag: Rachel Reeves
UK Retail Sales Fall as Consumer Confidence Weakens Ahead of Budget
British retail sales dropped sharply in October, and consumer confidence weakened in November, adding to concerns about slowing household spending ahead of next week’s...
UK Inflation Drops to 3.6% in October
British consumer price inflation eased to 3.6% in October, down from September’s 18-month high of 3.8%, according to official data released on Wednesday. This...
UK Growth Slows in Q3 as JLR Cyberattack Weighs
Britain’s economy saw only minimal growth in the third quarter, held back by a major cyberattack on Jaguar Land Rover in September. The latest...
UK Unemployment Edges Higher in September as Wage Growth Cools
UK Unemployment Rises to 5% as Wage Growth Slows, Boosting Rate Cut Hopes
The UK unemployment rate rose in September, according to official data released...
Halifax Reports 0.6% Jump in UK House Prices
UK house prices rose more than expected in October, climbing 0.6% on the month, according to data from mortgage lender Halifax released on Friday....
UK Inflation Holds Steady at 3.8% in September, Defying Forecasts
UK Inflation Holds Steady at 3.8% in September, Surprising Economists
British inflation and a key underlying measure of price growth held steady in September, defying...
U.K. GDP Grows 0.1% in August, Signaling Modest Economic Recovery
U.K. GDP Grows 0.1% in August as Economy Shows Modest Recovery
The U.K. economy returned to modest growth in August, offering a small but welcome...
UK Plans to Ease High-Skilled Visa Rules as Trump Hikes Fees
Britain is preparing to ease entry rules for high-skilled workers, Finance Minister Rachel Reeves announced on Tuesday. The move is designed to make the...
UK Retail Sales Rise 0.5% in August, Beating Expectations
U.K. retail sales rose in August, but growth remained modest, highlighting continued pressure on consumers.
Data from the Office for National Statistics (ONS) showed retail...
UK Inflation Stays at 3.8%, Leading Major Developed Economies
UK inflation steady at 3.8%, highest among major economiesUK inflation stayed at 3.8% in August, the highest rate among advanced economies, according to official...
