The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their toll, setting the stage for another quarter of stagnation that is widely forecast to persist ...

The UK slipped into a mild recession in the second half of 2023, showing Prime Minister Rishi Sunak has so far failed to meet his pledge to grow the economy. Gross domestic product fell 0.3% in the ...

The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on ...

UK economists at Pantheon Macroeconomics expect the UK economy to grow 0.2% in Q3, citing firm activity data and improving sentiment. “GDP and retail sales have held up better than feared,” the firm ...