UK economy News

UK Economy Faces Massive Challenge: Can Rachel Reeves Fix It?

British Chancellor Rachel Reeves admits the huge challenge to fix the UK economy after recent data shows no growth in Q3 2024. She outlines plans for sustainable growth.

UK Economy Contracts in October, Reeves Promises Long-Term Growth

British Chancellor Rachel Reeves admits the October GDP report shows a 0.1% contraction but promises long-term growth through public finance stabilization, low tax rates, and inves...

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 ...