Chancellor unveils plan for growth  On 29 January, the Chancellor outlined her plan to boost economic growth during a speech in Oxford, although data released

Interest rates set to fall more gradually  Last month, the Bank of England (BoE) cut interest rates for only the second time since 2020 but

Economy set for short term Budget boost  New economic projections produced by the Office for Budget Responsibility (OBR) suggest the Labour administration’s first Budget will

UK economic growth forecast upgraded  An updated forecast published last month by the Organisation for Economic Co-operation and Development (OECD) suggests the UK will be

BoE starts to cut rates   In early August, the Bank of England (BoE) sanctioned the first reduction in interest rates since March 2020 and economists

UK growth stronger than expected  Figures released last month by the Office for National Statistics (ONS) showed the UK economy grew faster in May than

Prospect of rate cut moves closer  While last month once again saw the Bank of England (BoE) leave interest rates unchanged at a 16-year high,

UK growth rate at two-year high  Last month’s release of first-quarter gross domestic product (GDP) statistics confirmed the UK economy has now exited the shallow

UK economic recovery gains momentum Official statistics published last month showed the UK economy returned to growth in the first two months of 2024, while