Surprise growth in UK economy at end of 2024
The UK economy unexpectedly grew in the final three months of last year following a boost to the construction and services sectors. The economy expanded by 0.1% between October and December, according to official figures, despite analysts predicting it would contract.
UK economy shows surprise growth of 0.1% in Q4 2024
Britain's economy grew by 0.1% in the final quarter of last year, figures from the Office for National Statistics showed on Thursday, offering some rare respite from the downbeat economic picture facing finance minister Rachel Reeves.
UK economic growth forecasts downgraded in blow for Reeves
The UK gross domestic product (GDP) is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts. It had previously predicted 1.5 per cent growth for the year. The forecasts also pointed to 0.8 per cent growth across the economy last year, suggesting only a slight acceleration in economic growth.
UK economic growth forecasts downgraded in new blow to under pressure chancellor
Factors such as tightening financial conditions and global trade uncertainties could dampen private sector confidence in the early months of this year
Britain’s Economy Squeezes Out 0.1% Growth
The unexpected increase eases pressure on the government, which has been trying to spur investment and development.
UK economy beats forecasts with surprise 0.1 per cent growth
Britain’s economy unexpectedly grew by 0.1 per cent in the final quarter of last year, official figures showed on Thursday, offering some respite from the downbeat economic picture facing finance minister Rachel Reeves,
UK economy grows 0.1% in December quarter of 2024
The UK economy grew by 0.1% in the fourth quarter of 2024, against expectations for a 0.1% decline, according to the Office for National Statistics. Watch this report for more details!
UK economy unexpectedly grows by 0.1%
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UK economy sees modest growth in the final months of 2024
The UK economy eked out growth in the final quarter of last year after better-than-expected expansion in December, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) edged 0.
UK economy unexpectedly grew at the end of last year, new figures show
At 07:00 this morning, new figures revealed that UK economic activity expanded in the final three months of 2024. Here's what ...
UK economy unexpectedly picked up in late 2024, outlook for 2025 still 'sluggish'
Britain's economy unexpectedly grew by 0.1% in the final quarter of last year, official figures showed on Thursday, offering ...
UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...
Bank results poke a hole through UK economic clouds
Talk about the British economy this year has tended to match the winter weather, with a thick blanket of cloud hanging over the entire country. Expectations are so low that even a 0.1 per cent ...
Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Bloomberg UK Politics: Forecasting the Economic Weather
Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.
Rachel Reeves’ budget ‘will boost UK economic growth in 2025’
He said the forecasts for 2025 and 2026 are "driven primarily by an increase in government expenditure, but it's also ...