UK government bonds, the Pound, and UK stocks are falling. Small businesses in the UK say Chancellor Rachel Reeves and her government must change course.
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The hospitality sector is seeing a raft of closures, with a leading figure in the sector saying more businesses will go under than was the case during the Covid pandemic.
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Fears of a looming economic crisis have risen after borrowing costs surge to multi-decade highs.
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Firms indicate they will respond to the government's tax raid by raising prices, which will keep the 'doves' at the Bank of England in the minority.
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Rising funding costs, rising gas prices and a record-breaking tax raid on UK businesses bode ill for the UK economy in 2025.
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UK house prices are to accelerate in the coming year, according to a new analysis that follows news prices rose strongly in December.
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"Asking civil servants to create an environment that fosters growth is absurd and shows how out of touch this government is with the businesses that power the economy."
Read more →The British Pound hit its lowest level against the Dollar since May after UK retail sales added to the losses that followed Thursday's Bank of England decision.
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The UK economy is entering a 'stagflation-lite' episode, according to some economists.
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Projections regarding the evolution of the British economy in 2025 have been fairly optimistic so far. The Bank of England forecasts 1.5% GDP growth, and Bloomberg economists agree on a 1.3% increa…
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The British Pound initially retreated in the wake of news UK inflation was as expected in November, but recent trends won't be challenged.
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The British Pound rose after UK wages unexpectedly jumped in October.
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UK Employment Fell at Fastest Rate Since Financial Crisis as Reeves' Jobs Tax Bites.
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The UK's most important measure of consumer confidence beat expectations in December; however, it is too soon to call this a recovery as some think conditions will get worse.
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The British Pound fell against the Euro and Dollar after it was reported the UK economy unexpectedly shrank in October.
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Rachel Reeves "has been nothing short of dire," but this won't tip the UK into a major recession.
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The state will play an increasingly dominant role in the UK economy, warns the British Chambers of Commerce (BCC).
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The Labour government's flagship employee rights bill has been deemed "not fit for purpose" by the Regulatory Policy Committee (RPC).
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Raising the minimum wage has been a 'risk-free' vote winner for governments for years. But this could soon change as "cheap labour is getting a lot more expensive."
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The odds of a December 19 rate cut at the Bank of England fell after it was announced that there are more people in work in the UK than was previously estimated.
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