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Live Breaking News & Updates on Britain economy

Stay informed with the latest breaking news from Britain economy on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Britain economy and stay connected to the pulse of your community

UK economy falls into recession - Business & Finance

LONDON: Britain’s economy fell into a recession in the second half of 2023, a tough backdrop ahead of this ...

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IMF cuts UK growth outlook for 2025 after stronger past performance - World

LONDON: The International Monetary Fund (IMF) cut its growth forecast for Britain for 2025 on Tuesday after...

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rachel reeves: Rachel Reeves indicates Labour plans to fight next election on economy. Here is what she has promised

Shadow Chancellor of the Exchequer, Rachel Reeves has promised to cut government spending, fight fraud, increase wages and drive growth. Known in detail her vision.

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Bank Of England Joins US Fed In Keeping Interest Rates Unchanged

The Bank of England on Thursday paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace

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Goldman Sachs cuts BoE terminal rate view to 5.5pc

NEW YORK, Sept 18 — Goldman Sachs lowered its forecast for the Bank of England’s (BoE) terminal rate by 25 basis points to 5.5 per cent, after predicting that the central bank...

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The extraordinary reasons why parts of Britain are going bust

The financial woes sweeping Britain's local authorities is being fueled by a range of factors, including a legal battle over equal pay, surging demand for social care, inflationary pressures, and reductions in revenue from business taxes. Birmingham City Council, Europe's largest local authority, is facing a bill of up to £760 million ($948 million) after a Supreme Court ruling in 2012.

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Britain's statisticians fix a blunder and find a bigger economy

The figures used to look abysmal. Now they’re only poor

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Britain bankruptcy: This UK city has declared itself bankrupt

Birmingham City Council has reportedly declared bankruptcy and halted non-essential spending due to equal pay claims.

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UK economy contracts by 0.1% in May: ONS

Economic output fell 0.1% in May from April, the ONS said. A Reuters poll of economists had pointed to a contraction of 0.3% from April.

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UK economy shrinks slightly in May on coronation impact

Gross domestic product decreased by 0.1 percent in May, the Office for National Statistics said in a statement.

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