Iran war spills over into the US economy
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UK economy failed to grow in January in blow for Starmer - The figures follow warnings that inflation could rise at the end of the year due to the US-Israeli war on Iran
The U.K. economy grew by 0.5% month-on-month in February, official data showed on Friday. The latest print firmly beat analyst expectations near 0.1% in a LSEG survey. The Office for National Statistics, which published the provisional figures, said a 0.3% ...
Analysts had been expecting 0.2% growth for the UK economy at the beginning of the year.
In the memorable words of one official statistician, Britain’s economy was “going gangbusters” at the beginning of 2024. Unfortunately, last year appears to have ended with a whimper. The best hope now is that this pattern will be reversed in 2025 ...
The GDP in the UK stalled 0% m/m in January 2026, following a 0.1% rise in December, and compared to forecasts of a 0.2% gain. On a yearly basis, the economy remains 0.8% larger than in January 2025,
Britain should rejoin the European Union, Sir Sadiq Khan has said. The London Mayor put himself at the helm of calls for the UK to ditch Brexit and fully rebuild ties with the European bloc. He tore into the “humongous” damage wreaked on Britain from splintering away from the EU.
British Chancellor Rachel Reeves has a difficult autumn ahead. To prevent a market backlash against her upcoming budget, she may need to find as much as £50 billion ($67 billion), and most economists believe tax rises are inevitable. But she has one thing ...
The war in the Middle East is “stalling growth” in the UK economy, fresh data has shown, as economists warned that a “pronounced recession” will come if energy prices stay high. A monthly survey of business activity across the country has suggested that there was a slowdown in output as well as a fall in