Economic update: Household financial resilience is slowly improving
Household financial resilience has been improving but the labour market continues to weaken. Inflation increased in December but is expected to fall in 2026.
Economic update: Interest rates cut as inflation falls to eight-month low
The Bank of England cut interest rates in December 2025, for the fourth time this year. However, the labour market weakened and GDP unexpectedly fell.
Economic update: Low growth leaves Chancellor with decisions to make
Economic growth remains slow, productivity forecasts are likely to be downgraded and government borrowing is at almost the highest on record.
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Economic update: Why has inflation gone up in 2025?
UK inflation remains above the Bank of England’s target rate of 2%. The Bank says that increases in food prices and administered prices are largely to blame.
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Economic update: Interest rates cut to their lowest level for over two years
The Bank of England cut its benchmark interest rate to 4% in August 2025. However, there are signs that UK inflation might be persisting.
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Economic update: Long-term vulnerabilities in the public finances
UK inflation remains higher than expected, economic growth remains slow and public finances are assessed as “relatively vulnerable” in the long term.
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Economic update: Slower growth for the rest of 2025
Despite the weakening of the labour market and forecasted slower economic growth, some measures show business and consumer confidence increasing.
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Economic update: Higher-than-expected GDP growth
UK economic growth was higher than expected in the first quarter of 2025, but concerns about potential tariffs, inflation and interest rates persist.
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Economic update: Trade tariffs lower growth forecasts
International organisations have lowered their growth forecasts since the US imposed tariffs on goods imports in April.
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Economic update: Uncertain times for business
Businesses report various challenges, most commonly economic uncertainty. Larger businesses are more positive about the future.
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Economic update: Slow end to 2024 and growth plans announced
Sluggish GDP growth is expected to continue into early 2025, amongst weak business confidence. The government has made growth its “number one mission”.
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Economic update: Which industries have grown in 2024?
UK economic growth has slowed in the second half of 2024, after a relatively strong start. Early indicators suggest Q4 growth may be close to or lower than Q3.
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Economic update: Effects of the Budget and US election
With inflation close to its 2% target, the Bank of England cut its interest rate to 4.75% in November, but it now expects higher inflation and growth than it did before the Budget.
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Economic update: Businesses and consumers in standby mode
Growth in the UK economy has slowed somewhat as businesses await the Labour’s October Budget.
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Economic update: Services exports outpace goods
The UK exported £153 billion more than it imported in services in 2023, but it imported £204 billion more than it exported in goods.
Total results (page 1 of 7)