1 week ago GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s economy. The chancellor’s tax-raising autumn budget had sapped business investment, spooked the financial markets and put the jobs market at risk.The latest official figures showing stronger-than-expected economic growth of 0.5% in February will therefore come as a boost for the embattled chancellor, in a sign that the economy was in better health than her critics claimed. Continue reading...

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1 week ago UK economy surges 0.5% in February in surprise boost for Rachel Reeves

However, City economists warned that the spurt could be short-lived as the impact of higher tariffs and business taxes kick in

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1 week ago UK economy surges 0.5% in February in major boost for Rachel Reeves

The surprise growth was driven by a big bounce back in industrial output, which was up by 1.5%

Politics

1 week ago UK economy grew by 0.5% in February in boost to Rachel Reeves

The UK economy grew by 0.5 per cent in February in a boost to Labour following several months of almost flatlining, with the Office for National Statistics pointing to “widespread growth” across multiple sectors.

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1 week ago UK economy grows by 0.5% in February in surprise boost for Labour

The figures are good news for Labour, which has made growing the economy its key priority since winning the election last year.

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1 week ago UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.Reversing a modest fall in January of 0.1%, the increase in gross domestic product in February was five times larger than the 0.1% growth that a poll of City economists had forecast. Continue reading...

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3 w. ago Rush for gold jewellery helps give retail sales a boost in February

The strong figures will raise hopes in Government that the sluggish economy will start to get moving again

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3 w. ago UK inflation falls by more than anticipated, in a boost to the government ahead of a key statement

Official figures show price rises in the U.K. moderated by more than anticipated in February, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances

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