UK economy will ‘struggle’ to grow more than one per cent in 2025
The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
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UK economic growth forecasts downgraded for 2025 – EY
UK gross domestic product (GDP) is expected to grow by 1% in 2025, according to EY’s winter forecasts. It had previously ...
Inflation Is Down to 3%. Why That Isn’t Good Enough.
Even inflation this low could feed consumer frustration, workplace friction and an inflationary psychology.
Alcohol prices rise as higher tax and duties take effect today
ALCOHOL prices will rise from today – just in time for millions to celebrate the end of dry January. The increase in alcohol duty was announced by Rachel Reeves in the Autumn budget last ...
UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts
The Bank of England’s top economists will meet on February 6 when forecasters predict they will cut the base interest rate to ...