Retail sales jump as restrictions ease

The lifting of Covid restrictions has led to the UK's best quarter for retail sales. Retail sales surged...
UK economy

Economy grows 0.8% in May

The UK economy grew by 0.8% in May - the fourth consecutive month of growth. New figures from the...
tech

Job market surges as economy picks up

Around 200,000 new jobs were posted in the UK last week. As the economy picks back up, more...
summit

Government borrowing hits £24.3bn in May

The latest numbers from the Office for National Statistics have found UK government to hit £24.3bn - despite the economy reopening.

Retail sales slump in May

Retail sales fell in May across the UK as people spent more money in hospitality rather than online and in supermarkets.
UK unemployment

UK unemployment falls to 4.7%

The UK unemployment rate has fallen to 4.7%, new figures have shown. Between February and April the unemployment...

UK economy grows 2.3% in April

The UK economy grew by 2.3% in April, which is the fastest monthly growth since June 2020. The...

Pubs predicted £80m revenue loss over bank holiday

The British Beer and Pub Association has said that pubs in the UK are expected to sell 21m less pints than usual...

GDP grows 2.1% in March

The UK economy grew at a stronger than expected rate in March. The economy was expected to pick up...
borrowing

Public sector borrowing hits record highs

Public sector borrowing in the UK has hit record highs over the past year. New figures from the...

Retail sales jump to 5.4%

UK retail sales have jumped 5.4% in March. As lockdown restrictions are eased, retail sales jumped and were significantly...
China

China economy jumps 18%

China's economy jumped by 18.3% in the first quarter of 2021. Figures are below expectations, which were an...
retail sales

High street sees 11,000 stores close in 2020

Over 11,000 shops across the British high street closed in 2020. New data from the Local Data Company (LDC)...
borrowing

UK borrowing hits record highs

UK borrowing reached the highest levels since records began in 1993. In February, the UK government borrowed £19.1bn according...

UK economy down 2.9% in January

New data from the Office for National Statistics showed the UK economy to shrink by 3.5%. As the new...

Furlough set to extend till September

The furlough scheme is set to be extended until September. The scheme, which has been running for almost...

Stamp duty holiday to be extended

Chancellor Rishi Sunak is reportedly planning to extend the stump duty holiday until the end of June. As...
retail sales

UK retail sales slump 8.2% in January

UK retail figures in the UK fell 8.2% over January whilst government borrowing also hit highest levels since record began.
Inflation

Inflation rises to 0.7%

UK inflation rose to 0.7% in January, which is more than economists predicted. The Office for National Statists...

FTSE hits one-month high

The UK stock market opened 40 points to 6796 points - this is the highest it has been since 15 January.