UK economy was G7 growth laggard in Q3 as dismal 2023 beckons
Britain's economy contracted more than first thought in the third quarter of this year, putting it bottom among the Group of Seven major advanced nations ahead of what is shaping up to be a dismal 2023, data showed on Thursday.
Transfer news: Manchester United beat Arsenal to top target after a phone call
Arsenal made Lisandro Martinez their top target last summer but the Argentine center back joined Manchester United after a conversation with former manager Erik ten Hag
Soaring energy costs push UK public borrowing to November record
British public borrowing unexpectedly jumped last month to hit its highest for any November on record, reflecting the mounting cost of energy subsidies, debt interest and the reversal of an increase in payroll taxes, official figures showed on Wednesday.
Cristiano Ronaldo set to sign mega deal with Saudi club
The Portuguese star is seeking new employment after parting ways with Manchester United.
Struggling to afford heating bills, Britons turn to 'warm banks' to keep out the cold
Every morning on her days off, Mary Obomese wraps up in her winter coat and heads to Woolwich Centre Library in southeast London, where she spends two hours on the computer and keeps herself warm.
Covid hospitalisations see a 27% jump in UK, experts warn of new wave
The UK has been seeing a significant rise in Covid-19 cases over the last few weeks.
UK inflation slows, remains close to 11 percent
British inflation slowed more than expected in November but remained near the highest level in more than 40 years, official data showed Wednesday, as a cost-of-living crisis sparks fresh UK strikes.
As workers strike, UK public sector pay hits 19-year low in real terms
Average pay for British public sector workers fell to a 19-year low in October, after adjusting for inflation, according to official data on Tuesday that underscored why so many are going on strike.
UK jobless rate rises again but pay growth keeps Bank of England on edge
Britain's jobless rate rose for a second month and there were other signs in data on Tuesday that some of the inflationary heat in the labour market is cooling as the economy stumbles, including an increase in older people looking for work.
UK hit by worst month for strikes in 11 years as pay disputes escalate
The United Kingdom recorded the highest number of working days lost to labour disputes in October for more than 10 years, official data showed on Tuesday, as employees went on strike to demand higher pay in the face of soaring inflation.
Britain stuck on recession path despite growth rebound
Britain's economy remains on course for a long-lasting recession on fallout from the highest inflation in decades, analysts said on Monday, even if official data showed growth in October.
UK economy rebounds from royal funeral hit, outlook remains bleak
Britain's economy rebounded in October a little more strongly than expected from September when output was affected by a one-off public holiday to mark the funeral of Queen Elizabeth, but a recession remained on the cards, official data showed on Monday.
Why you're less likely to get rich these days if your parents aren't already wealthy
More than 60% of those born in the 1950s and 1960s were homeowners by age 30, but only 36% of those born in the 1980s were.
Christians now a minority in England and Wales
Fewer than half of people in England and Wales identify as Christian, according to census data released on Tuesday, underlining a landmark shift towards secularism in multicultural Britain.
Why do so many men get away with rape? Police officers, survivors, lawyers and prosecutors on the scandal that shames the justice system
Evidence from both the Office for National Statistics and a coalition of rape survivor charities suggests that only two in every ten women who are raped report the crime to the police.
Autumn statement 2022: this budget may not cause Truss-level chaos but it could still provoke markets
The story of brutally effective financial markets disciplining errant governments has been repeated many times since the most recent wave of globalisation began in the 1990s.
UK inflation accelerates to 41-year peak
British inflation has jumped to a 41-year high on soaring energy and food bills in a worsening cost-of-living crisis, data showed Wednesday on the eve of a key budget.
India's Tata to open 20 'beauty tech' outlets, in talks with foreign brands
India's Tata Group is planning to open at least 20 "beauty tech" stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy premium cosmetic products.
Jobless rate rises as UK prepares to tighten belts again
Britain's unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, official data showed on Tuesday, ahead of a tough government budget plan later this week.
UK economy shrinks at start of feared long recession
Britain's economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge for finance minister Jeremy Hunt as he prepares to raise taxes and cut spending next week.
Half a million UK workers drop out of workforce, citing long-term illness
The number of people who have dropped out of Britain's job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) said.
Rising interest rates: Why the Bank of England has increased rates again and what to expect next
Higher interest rates can also boost a currency because investors are encouraged to bring money into the country to benefit from higher returns.
Crime rate in England and Wales hits record high driven by sex crimes
The crime rate in England and Wales has hit an all-time high, according to the Office for National Statistics (ONS)
Bleak UK shopping and borrowing data underscore challenge for new PM
British shoppers cut their spending sharply last month and their confidence is close to record lows, underscoring the challenge facing the next prime minister who must also take painful measures to slow fast-rising public borrowing.
UK economy on brink of recession as it shrinks in August
Britain's economy looks set to go into recession as data showed it unexpectedly shrank in August, underscoring the challenge for Prime Minister Liz Truss to make good on her promises to speed up growth.
UK labour market exodus drives jobless rate down to 3.5%
Britain reported a record jump in the number of people leaving the labour market in the three months to August, adding to the Bank of England's inflation headaches.
UK economy still below pre-pandemic size, underscoring challenge for Truss
Britain's economy remained below its pre-pandemic peak, according to data published on Friday that left the country further adrift of other Group of Seven nations and underscored the challenge facing new Prime Minister Liz Truss.
UK avoids recession in boost for under-fire Truss
Britain is not yet in recession, revised data showed Friday in a boost for under-fire Prime Minister Liz Truss, but its economy may still face a downturn on soaring interest rates.
Mini budget: how will tax cuts and stamp duty affect young adults?
Liz Truss's government is following an economic doctrine which argues that richer people are more likely to invest, set up businesses, hire people and grow the economy.
UK borrows more than expected in August as Kwarteng prepares mini-budget
Britain's budget deficit was bigger than expected in August, a reminder of the difficult financial backdrop for new finance minister Kwasi Kwarteng as he readies his first "mini-budget" fiscal update to parliament.