UK economy unexpectedly shrank by 0.1% in January
Read more at CNBC
-
UK economy unexpectedly contracted 0.1% in January
Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring StatementFinancial Times - 4d -
UK economy shrank unexpectedly in January
A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says.BBC News - 4d -
UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement. Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push The UK ...The Guardian - 4d -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - 4d -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - 4d -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - Mar. 7 -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 1d -
How economists identify recessions and stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in ...CBS News - 1d -
Tech partnership can make US, UK economies great again
We need to think MEGA – Make our Economies Great Again – for all our prosperity and security.The Hill - 1d
More from CNBC
-
Nvidia announces Blackwell Ultra and Rubin AI chips
Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late 2022.CNBC - 11h -
Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.CNBC - 6h -
China is tackling weak consumption with child care subsidies
Among the top five priorities China has laid out for boosting consumption is child care subsidies.CNBC - 59m -
Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.CNBC - 6h -
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.CNBC - 52m
More in Business
-
Erdoğan’s main rival detained by Turkish police
Istanbul mayor Ekrem İmamoğlu was expected to be confirmed as main opposition challenger to presidentFinancial Times - 22m -
How 3D-printing 'microfactories' can transform plastic waste into brand new products
A new era of 3D-printing "microfactories" is helping to turn waste plastics into "highly competitive" products fit for use in the construction industry.CNBC - 51m -
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.CNBC - 52m -
China is tackling weak consumption with child care subsidies
Among the top five priorities China has laid out for boosting consumption is child care subsidies.CNBC - 59m -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 1h