Andrew Atkinson

UK inflation held at just above the Bank of England 's 2% target in August, leaving the door open to further interest-rate cuts later this year.

UK government borrowing came in higher than forecast in the first five months of the fiscal year, keeping Chancellor Rachel Reeves under pressure to raise taxes in her budget next month.

(Bloomberg) -- UK government borrowing came in higher than forecast in the first five months of the fiscal year, keeping Chancellor Rachel Reeves under pressure to raise taxes to balance the books in her budget next month.

UK businesses reported continuing growth and easing inflation pressures in September, bolstering the prospects of a “soft landing” for the British economy, according to a closely watched survey.

(Bloomberg) -- UK businesses reported continuing growth and easing inflation pressures in September, bolstering the prospects of a “soft landing” for the British economy, according to a closely watched survey.

(Bloomberg) -- UK businesses are putting off investments in anticipation of Labour's budget next month, adding to concerns that the new government's gloomy economic rhetoric is already hampering growth.

(Bloomberg) -- Bank of England Governor Andrew Bailey has held out the prospect of the central bank becoming more proactive in cutting interest rates, provided inflation stayed subdued. Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsIn an interview with the Guardian, Bailey said he was encouraged by the fact that cost-of-l

The UK construction sector grew at its fastest pace in two-and-a-half years in September, a key survey showed in a boost for Prime Minister Keir Starmer after weeks of negative sentiment about the economy.