Rachel Reeves has been accused of creating a “tax time bomb” as Britain’s economic slump continued and experts warned a ...

The new data are at odds with previous predictions. Economists surveyed by Bloomberg forecast a 0.1% increase in GDP for May.

That, in a nutshell, is the problem. Central banks are still haunted by the most recent inflation spike, which economists everywhere – myself included – failed to predict.

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

ECB Official Sets High Bar for Another Rate Cut; Waller Says Call for Lower Rates Isn't Political By Roshan Fernandez ...

While homeowners face lofty mortgage rates compared with a few years ago, there is a silver lining in higher borrowing costs, and consumers can find UK savings accounts offering r ...

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates ...

Rachel Reeves has little to celebrate. Borrowing is up, inflation remains high and after a sugar rush at the start of the ...

The UK economy unexpectedly shrank by 0.1% in May, following a 0.3% decline in April, defying forecasts of modest growth and ...

Climate change is an increasing threat to the economy of the UK and around the world, a Bank of England boss has warned.

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...