RACHEL Reeves received a pre-Budget blow as the UK economy has slowed down. The Chancellor now facing huge pressure after growth was lower than what economists had forecast – and comes ahead

Separate data published by the ONS on Thursday showed output per hour worked, a measure of labour productivity, grew at an annual rate of 1.1 per cent in the three months to September. This marked a rebound from a 0.5 per cent contraction in the previous quarter.

Britain's economy barely expanded in the third quarter, held back by September's cyber attack on Jaguar Land Rover, according to data on Thursday that underlined the backdrop of slow growth as finance minister Rachel Reeves readies her budget.

Despite the fact that ONS figures show London accounts for almost a quarter of the UK economy, the report shows the capital has been in a "stagnant" state since the 2008 financial crisis, and cites housing costs and availability as some of the key factors for its stuttering growth.

DUA Lipa helped music boost the UK economy to the tune of £8billion last year. The singer — whose hits include New Rules and Levitating — was one of the industry’s biggest money-makers as

Britain's economy will stagnate in 2023 in the face of high inflation, lagging behind its peers, and the government should consider easing up on tax increases or spending more, the Organisation for Economic Co-operation and Development said.

New research from University College London has revealed that wind generation reduced the UK's energy costs by £104bn (US$135bn) between 2010 and 2023

A new report from UK Music has revealed that the music industry contributed a record £8 billion to the UK economy in 2024, but also raised areas for concern.

It is quite likely that the UK economy will see negative real growth for the foreseeable future. Economic policy is increasingly aimed at redistributing wealth from productive to non-productive areas.