UK Economy
The latest news, updates and opinions on UK Economy from the expert team here at MoneyWeek
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ONS: UK economy shrank 0.3% in March
News The latest data from the ONS showed falling car and retail sales combined with industrial action caused GDP to contract in March. However, the economy expanded by 0.1% in the first quarter overall.
By Nicole García Mérida Published
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Bank of England hikes base rate to 4.5%
News The Bank of England has hiked rates again as it continues its battle with inflation.
By Nicole García Mérida Published
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It’s been 16 years, but the UK economy finally has a chance
Opinion The UK economy has been dealing with one crisis after another since 2007. Policymakers now have a chance to fix some of the underlying problems holding back growth.
By Rupert Hargreaves Published
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GDP flatlines, but the UK economy remains resilient
News Latest Office for National Statistics figures show the UK economy avoiding recession, although risks remain in the months ahead.
By Tom Higgins Published
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April price hikes - these are the bills going up in April
Advice Households will be hit with a series of bill increases from April - here’s what they are and how you can save money.
By Nicole García Mérida Published
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Bank of England hikes key interest rate to 4.25%
News The Bank of England raised rates by 0.25% following a surprise jump in inflation.
By Nicole García Mérida Published
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Spring Budget: what does it mean for your finances?
News From energy and childcare help to pension changes and frozen tax bands – what does the Spring Budget mean for you?
By Rupert Hargreaves Published
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UK inflation slows again, but remains near a 40-year high
News Figures from the Office for National Statistics showed CPI fell to 10.1% in January as lower fuel prices started to filter through to consumers.
By Nicole García Mérida Published
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ONS: Private sector wages grow faster than expected
News The latest figures from the Office for National Statistics show growth in total pay fell 3.1% when adjusted for inflation.
By Nicole García Mérida Published
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