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Transport & storage sector leads UK’s charge out of recession

The UK has officially come out of recession, with higher than expected GDP (gross domestic product) growth of 0.6% in the...

U.K. labor market cools as business confidence returns: Are high interest rates paying off?

Hiring intentions among British employers have fallen for ten months in a row—and that may be good news for those hoping for an interest...

UK GDP: Recession recedes as UK grows faster than expected

UK GDP grew 0.4% in March, following a 0.2% rise in February, with growth in the first quarter of 0.6%, as a...

UK exits recession with better-than-expected 0.6% GDP growth

London: Britain's economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered...

UK emerges from recession after 0.6% growth

The UK has exited the shallow recession it fell into at the end of last year, according to the Office for National Statistics.Following two...

UK small business owners expect to outperform the UK economy in 2024

Business owners are in an optimistic mood, despite concerns about the economy, according to the 2024 annual survey of small businesses...

Only two UK interest rate cuts forecast in 2024 as Bank of England meets

A leading British think tank on Thursday said it does not expect the Bank of England to lower interest rates until August, despite the...

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