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Sterling falls after UK GDP unexpectedly contracts in October
The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to attach a greater chance to the prospect of speedier rate cuts by the Bank ... Read More
Sterling falls after shock contraction in UK GDP
The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to attach a greater chance to the prospect of speedier rate cuts by the Bank ... Read More
Britain’s economy forecast to flatline after GDP blow
Britain will fall into stagnation in the final three months of this year, economists have predicted, as Sir Keir Starmer’s mission to turbocharge growth fails to ignite. Read More
Sterling ticks up, PMIs show UK price pressures
Sterling rose against the dollar and euro on Monday as a survey of business activity pointed to a rise in prices in Britain and as investors braced for a string of central bank meetings this week, ... Read More
UK economy suffers first back-to-back declines since 2020
Britain's economy shrank for a second month in a row in October in the run-up to the government's first budget, the first back-to-back falls in output since the onset of the COVID-19 pandemic, and a ... Read More
UK economy contracts for second consecutive month in October as services stagnate, manufacturing dips, first since 2020
UK GDP falls by 0.1 per cent m/m in October, matching September drop First back-to-back monthly drop since March/April 2020 Finance minister Reeves says ... Read More
UK economy fell into recession after people cut spending
official figures show. The economy shrank by a larger than expected 0.3% between October and December, after it had already contracted between July and September. The UK is in recession if it ... Read More
Sterling falls to 6-month low
LONDON: The pound tumbled on Friday after ... in October. Sterling hit its lowest on the dollar since May, and was last down 0.56% at $1.2517. If future data continues to show economic weakness ... Read More
UK economy suffers first back-to-back declines since 2020
(Reuters) -Britain's economy shrank for a second month in a row in October in the run-up to the government's first budget, the first back-to-back falls in ... in October's data, which measured ... Read More
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