Search results for ‘uk economy’
2,106 items found
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UK economy shrinks by 0.1% in ‘prelude to recession’
The UK economy shrank by 0.1% in the three months to June, according to official figures – in what’s already being called a “prelude to recession”.
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UK economy grows by 0.5% in May
After months of economic gloom and doom, there was some good news today: the economy grew by 0.5 per cent in May – much stronger than expected.
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Cost of living crisis: UK economy shrinks 0.1% in March as country tightens its belt
Given the gloom over rocketing fuel bills and rising inflation, it can be no surprise that families are tightening their belts. Now it’s starting to hit the economy – which shrank 0.1% in March. The cabinet met in Stoke-on-Trent today, with the prime minister and chancellor apparently warming to the idea of a windfall tax…
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UK economy has fastest growth since World War Two
The UK economy grew by 7.5 per cent during 2021, as the country recovered from the financial shock of the pandemic. That is the fastest rate of growth since World War Two.
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Debate: Will UK economy recover from Covid crash?
We were joined by David Blanchflower, a former member of the Bank of England Monetary Policy Committee who is now an economics professor at Dartmouth University, and Rupert Harrison, who was former chancellor George Osborne’s chief of staff from 2010 to 2015 – and is now at the BlackRock investment firm.
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Rishi Sunak sets out vision for UK economy in Mansion House speech
While the prime minister was welcoming Nissan’s investment in manufacturing, the chancellor was setting out what he called an “exciting future” for another key part of the economy. Rishi Sunak’s Mansion House speech was full of pr
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UK economy set to grow at fastest rate for 70 years but ‘elements of tightening coming through’, says Bank of England governor
The UK is expected to enjoy its strongest economic growth for more than 70 years, as the country begins opening up again after the Covid restrictions.
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Chancellor Rishi Sunak says UK economy to face ‘enormous strains’ following lockdown
The Chancellor Rishi Sunak has warned that he’ll have to make some tough decisions in next week’s Budget in order to repair the gaping hole in the public finances caused by the pandemic.
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UK economy shrinks by record 9.9% in 2020 pandemic
The Bank of England’s chief economist believes the economy is a “coiled spring” ready to bounce back.
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UK economy shrinks after six months of growth
There is more evidence that things will get tougher before they get better, as figures showed the UK economy shrank by 2.6% in November as England went into lockdown for a second time.
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New £4 billion fund to ‘level up’ UK economy
The chancellor has announced a new fund, worth £4 billion, which he says will put into action the government’s election mantra of levelling up the UK economy.
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Chancellor Rishi Sunak warns UK economy will shrink by 11% this year
The chancellor, Rishi Sunak, has spelled out the devastation inflicted on the economy by coronavirus.
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UK economy grows by 6.6% in July
Some light in all the Covid-19 darkness, with the economy growing by 6.6 per cent in July.
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Fears for UK economy if relations with China deteriorate further
Power, transport, water – China has been buying its way into key parts of the UK economy for years.
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Post-lockdown UK economy not bouncing back as quickly as hoped
The great hope was that the massive economic downturn brought about by the virus would be temporary.
