UK gross domestic product (GDP) is expected to grow by 1% in 2025, according to EY’s winter forecasts. It had previously predicted 1.5% growth for the year. The forecasts also pointed to 0.8% growth ...

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UK economic growth forecasts downgraded in new blow to under pressure chancellor

Factors such as tightening financial conditions and global trade uncertainties could dampen private sector confidence in the early months of this year ...

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Bank of England expected to cut interest rates again as UK economy stagnates

The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.

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Britain's economic growth stopped after Labour's election victory

Analysts at EY slashed output forecasts for this year after a 'sharp' decline in output since Keir Starmer and Rachel Reeves arrived in Downing Street.

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Croydon ‘could become the UK’s answer to Silicon Valley’, data shows

Croydon ‘could become the UK’s answer to Silicon Valley’, data shows - Research by GoDaddy suggests town is leaving the rest of London in its wake ...

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