UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
Shadow Chancellor Rachel Reeves delivers landmark speech outlining Labour's radical economic overhaul, from housebuilding boom to planning system shake-up and North Sea oil confrontation.
B&Q owner Kingfisher hit by market turmoil following OECD's downgraded UK growth forecast, as Chancellor Rachel Reeves faces immediate economic pressure.
A damning OECD forecast predicts Britain will be the weakest economy among G7 nations next year, with growth projections slashed amid persistent inflation and political stagnation.
The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen
The OECD's latest economic outlook reveals a world economy weathering Trump's aggressive tariff strategy better than forecasted, with global growth holding steady at 3.1% despite trade tensions.
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
The UK government's flagship wellbeing framework, designed to shift economic focus beyond GDP, has struggled with implementation and impact despite its ambitious goals, according to experts.
Former Bank of England chief economist warns that without inclusive growth policies, economic discontent could fuel far-right extremism in Britain's political landscape.
Huntington Bancshares CEO Brad Smith sounds the alarm on the economic crisis unfolding in Appalachia, calling for urgent investment and national attention to reverse the region's decline.
The UK faces a deepening economic crisis as inflation hits a 40-year high, the pound sterling crashes, and the Bank of England scrambles to stabilise markets. This comprehensive analysis examines the causes and potential consequences for British household
Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.
The Met Office has issued severe weather warnings as a colossal 580-mile band of torrential rain is forecast to drench the UK, bringing a risk of flooding and travel chaos.
President Javier Milei's controversial austerity programme and radical economic reforms face a decisive verdict as Argentina heads to the polls. This analysis examines the high-stakes battle shaping the nation's future.
Meteorologists are closely monitoring Hurricane Kiko's trajectory as it churns in the Pacific. Latest spaghetti models reveal a potential path towards Hawaii, prompting early warnings. Get the full forecast and analysis.
Brits are finally set to bask in a glorious 20C heatwave as forecasters pinpoint the exact date the sunshine will return, banishing the recent chilly gloom and rain.
A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.
Brits are set for a dramatic temperature plunge as a bitter Arctic front is forecast to sweep across the country, bringing wintry hazards and a hard frost just days after unseasonable warmth. Get the full forecast and regional breakdown.
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.
The Met Office has issued a severe yellow weather warning for heavy rain across parts of the UK, with significant flooding and travel disruption expected. Essential safety advice inside.
The Met Office confirms a La Niña weather event is developing, setting the stage for a potentially harsh UK winter with increased risks of cold snaps, powerful storms, and flooding in the coming months.
The Met Office has issued severe yellow weather warnings for heavy rain across parts of England and Wales, with potential flooding and major travel disruption expected until Thursday.
The UK is set to sizzle as the Met Office predicts a dramatic shift to warm, sunny weather. Find out exactly when the 25°C heat will arrive and how long it's expected to last.
The Met Office's latest long-range forecast for September warns of an unsettled beginning with potential storms and heavy rain, though some warmer, drier spells could emerge later in the month.
The iconic Old Farmer's Almanac has released its winter forecast, predicting a season of unusually cold temperatures, significant snowfall, and powerful storms for the United Kingdom, urging Britons to prepare for a harsh season ahead.
Exclusive analysis reveals the immense pressure on Chancellor Rachel Reeves as she faces a critical turning point. With economic stagnation and public patience wearing thin, her upcoming fiscal statement could define this government's legacy. Will she sei
Former President Donald Trump's radical economic proposals, including universal tariffs and mass deportations, are raising alarm among economists and business leaders who warn of severe inflationary pressure and market instability.