UK Economy News
UK Economy
UK Borrowing Set to Rise as Bond Dealers Eye 2027 Needs
UK bond dealers expect gilt issuance to reach £249.6 billion in 2026/27, while higher 2027 borrowing needs and tighter fiscal headroom challenge the government.
UK Government Borrowing Hits £24.5bn Ahead of Budget
UK government borrowing reaches £24.5 billion in September as record debt interest costs and inflation pressures complicate John Healey's budget plans.
Megan Greene Backs Rate Hike as UK Inflation Risks Grow
Megan Greene warns the Iran war's energy shock could fuel UK inflation through wages and prices, strengthening her case for higher interest rates.
UK Jobs Market Recovery Raises Bank of England Rate Hike Risk
UK wage growth rose to 3.7%, payroll employment increased and unemployment fell to 4.7%, but declining vacancies complicate the Bank of England's rate decision.
UK Unemployment Falls to 4.7% as Job Vacancies Decline
UK unemployment unexpectedly fell to 4.7%, while job vacancies dropped to 691,000, highlighting mixed labour market conditions ahead of the October 28 budget.
UK Economy Grows 1.6% in July as AI Boom Boosts Growth
UK Economy Grows 1.6% in July as AI Boosts Services, but Higher Oil Prices, Inflation Risks and Iran War Uncertainty Threaten the Recovery
Jaguar Land Rover to Cut 500 UK Jobs Amid EV Transition, Tariffs, and Global Auto Industry Slowdown
Jaguar Land Rover (JLR) has announced plans to reduce up to 500 jobs in the United Kingdom through a...