GDP decline News

Rachel Reeves Declares a Changed World: UK's Bold Steps Towards Economic Revival

Rachel Reeves, UK's Chancellor of the Exchequer, addresses the global changes impacting the UK, announcing significant measures including increased defense spending and economic re...

Mixed European Markets: GDP Dips, Trade Surplus, ECB Rate Cut

European stock exchanges opened mixed on Friday, influenced by UK GDP decline and German trade surplus. The ECB cut interest rates, citing slower economic growth.

UK Economy Faces a Minor Setback: 0.1% GDP Decline in October

The UK's GDP fell by 0.1% in October, with no growth in the services sector, a 0.6% decline in production output, and a 0.4% drop in construction output. Despite this, the economy ...