Tag: UK economy
UK Economy Slows to 0.1% Growth in Labour Government’s First Quarter
The UK economy experienced a slowdown in the summer, with GDP only growing by 0.1% in the July-September quarter, according to data from the Office for National Statistics. This is a decrease from the...
UK Economy Bounces Back with Growth in August
The UK economy showed signs of growth in August, with a 0.2 per cent increase in Gross Domestic Product (GDP) after two stagnant months, according to the Office for National Statistics (ONS). This growth...
UK Economy Shows Growth in August Despite Widening Trade Deficit – Business Update
The UK economy has shown signs of growth in August, with GDP rising by 0.2% according to the Office for National Statistics. This growth comes after two months of stagnation in June and July,...
Potential Risks of Reeves’s Borrowing Plan for Truss Mini-Budget Meltdown
The government is considering a change to borrowing rules that could potentially lead to market instability and a financial crisis similar to Liz Truss's mini-Budget meltdown. Financial experts have warned that the proposed plans...
Potential economic crash and pound devaluation risk in UK without axing winter fuel payment
The decision to means-test winter fuel payments for pensioners in the UK has sparked controversy, with Commons Leader Lucy Powell defending the move as necessary to prevent an economic catastrophe. The Labour government inherited...
McDonald’s Plans to Open 200+ New Restaurants in UK & Ireland
McDonald’s has announced its plan to open over 200 new restaurants in the UK and Ireland, creating approximately 24,000 new jobs in the process. This marks the fast-food chain's largest expansion programme in over...
Boris Johnson: A Perfect Description of the UK Prime Minister
Boris Johnson's upcoming memoir, Unleashed, is generating buzz as it is scheduled to be released on October 10th at the Cheltenham Literature Festival, during the Tory leadership battle. The former Prime Minister is confident...
London stocks surge as Bank of England slashes interest rates: Impact on FTSE 100...
London stocks experienced a significant surge today after the Bank of England made the decision to slash interest rates. The FTSE 100 saw a notable increase, while the pound sterling also reacted to the...
Reeves’ £22 Billion Black Hole Claim Contradicted by Hunt
In today's statement on the state of the public finances, Chancellor Rachel Reeves is expected to address a £20 billion black hole in public spending inherited from the previous Conservative government. The Tories are...