The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. Two days after the unemployment numbers, it was revealed that GDP grew ...

The central bank also cut its estimate of how much capital the UK’s banking sector needs for the first time in a decade, and signaled a consultation that could free up extra lending and higher payouts ...

Major banks in the UK are resilient and able to support the economy during a downturn, the central bank found.

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The label once used to describe the UK’s industrial decline in the 1970s is echoing anew as fresh data show the economy slipping into reverse. A 0.1% contraction in September and weak quarterly growth ...

George Soros became one of the world’s most famous billionaires by placing a single bet against the British pound—one that ...

Unlike almost everyone else, the banking sector escaped largely unscathed from the carnage of last week’s Budget.

War with Russia, a global economic recession, AI threatening to make millions of jobs redundant are all things that could upend the UK and lead to a downfall of its respected standing ...

Economists and financial analysts are warning a recession in the US "would be the straw that breaks the UK's back" as the global stock market continues to slip into the red this week. Markets plunged ...