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UK consumers reined in their spending for the first time since 2020, amid growing concerns about rising living costs.

The UK economy contracted by -0.1% MoM in January, mainly due to weakness in the production sector, despite a strong December performance. Services sector growth slowed, contributing just 5 bps to GDP ...

LONDON, Sept 30 (Reuters) - Britain suffered a record collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures were in full force, though the decline was slightly ...

UK economic growth slowed to 0.1% for the past three months in a blow to the Chancellor ahead of the autumn Budget. Official figures also showed that the economy declined by 0.1% in September after ...

The final UK third-quarter GDP reading shows 0.1% growth on a monthly basis and 1.3% annually, both right in line with expectations and the previous report. The FTSE 100’s more tentative start to the ...

LONDON, Dec 10 (Reuters) - Britain's economic recovery almost ground to a halt in October as a surge in coronavirus cases dealt a blow to the hospitality sector, official figures showed on Thursday.

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist. The ...