GDP

UK economy grows by 0.6% despite June flatline

The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to…

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BoE cuts interest rates for first time in 4 years

The Bank of England (BoE) has cut interest rates for the first time in four years, with the rate falling…

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Today’s news in brief-11/7/24

The UK economy surpassed expectations with a 0.4% GDP growth in May 2024, boosted by improved weather conditions. The services…

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UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of better weather, according to data…

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BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank of England has announced. The bank’s MPC…

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Economy stalls in April due to wet weather

The UK economy stalled in April showing no growth as wet weather dampened consumer spending, according to the latest figures…

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Topps Tiles sees profits and sales fall amid ‘weak market’

Topps Tiles posted a loss before tax of £1.5m for the 26 weeks ended 30 March 2024 as it faced…

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UK economy exits recession as GDP jumps 0.6% in Q1

The UK economy is no longer in recession after it grew by 0.6% between January and March this year, according…

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UK economy grows for second month in a row

UK GDP increased slightly for the second month in a row, in another sign the economy is edging out of…

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How can the physical retail sector win its battle to survive?

It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17%…

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