Tom Rees

(Bloomberg) -- Bank of England rate-setter Alan Taylor called for pre-emptive interest-rate cuts to prevent a hard landing for the UK economy, as he warned of a recession risk if officials act too slowly.

(Bloomberg) -- Britain's economy narrowly returned to growth in November but fell short of expectations as the UK struggles to shake off concerns that the country is in the grip of stagflation.

Die geringere Inflation war eine angenehme Überraschung für die britische Wirtschaft, als am Mittwochmorgen die Verbraucherpreiszahlen für Dezember veröffentlicht wurden. Der Druck auf die Preise hatte jedoch einen ungewöhnlichen Grund, wie Ökonomen aufgefallen ist.

Chancellor of the Exchequer Rachel Reeves would be left with a £30 billion ($36.7 billion) black hole if her plans were based on up-to-date City forecasts instead of the UK’s official growth projections, Bloomberg calculations show.

UK lawmakers have raised doubts over Chancellor of the Exchequer Rachel Reeves ' plan to cut down on wasteful spending, warning that a new efficiencies unit is understaffed and has little time to achieve its mandate.

Asking prices for UK homes jumped by the most in over one-and-a-half years at the start of 2025, a sign of resilient confidence in the property market, according to Rightmove.

Chancellor of the Exchequer Rachel Reeves will struggle to convince the City of her fiscal credibility if she announces more delayed spending restraint, having already sought to move politically controversial decisions toward the end of Labour’s parliamentary term.

UK wage growth picked up to a six-month high, keeping investors on tenterhooks over whether the Bank of England will cut interest rates further next month.

Chancellor of the Exchequer Rachel Reeves will struggle to convince the City of her fiscal credibility if she announces more delayed spending restraint, having already sought to move politically controversial decisions toward the end of Labour's parliamentary term.

Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing Chancellor of the Exchequer Rachel Reeves.