The economy has continued its bounce back from recession after growing 0.6% in the three months to June, with the recovery driven by a robust performance in the services sector.
The Labour Party’s landslide election victory on the promise of “change” will not lead to big differences in the government’s approach to fiscal policy, analysts at ratings agency Fitch have...
The poor performance of cities such as Birmingham, Manchester and Glasgow has created a “yawning prosperity gap” between the UK and other advanced economies, according to a new report.
The UK economy will grow more slowly than any other advanced economy next year, the OECD has warned in a downbeat assessment of the nation’s prospects.
Disappointing and divisive. That seems to be the mood around the Chancellor’s budget, which in reality brought little cheer for the general public or those working in local government, writes Nigel...
National GDP grew by 0.2% in January, signalling that the UK economy is out of its technical recession – but the country remains in a period of prolonged stagnation.
Hopes that inflation was a transitory phenomenon have been battered by economic and political headwinds. So how can Europe’s economies navigate their way to safer shores?
Ratings agency Fitch has raised its outlook on the UK after its better-than-anticipated response to the ongoing challenge of Covid-19 since the start of the year.
Inclusive growth must be utilised by the government if it wants to achieve its goal of levelling-up the country in areas such as infrastructure spending, writes Luca Tiratelli of the New Local...
Weak consumer and business confidence fuelled by Brexit uncertainty is likely to hamper growth in Scotland in the coming months, with a fragile start to the year suggesting slow growth in the global...
Britain’s government has launched a club to help Latin American companies that invest in the country and will celebrate their contribution to the economy with a new award.
The government has met both of its fiscal rules three years early marking a “turning point” in the UK’s economic recovery, chancellor Philip Hammond said today.
An independent Scotland would face at least another decade of austerity, according to new analysis of the proposals put forward last month by the Sustainable Growth Commission.