The Latest Breaking News from Economic Growth

Rolling coverage of the latest economic and financial news

Labour chancellor under pressure to do more to improve the prospects for economic growth

Kazakhstan and the EU share a long-term interest in stable, resilient and predictable supply chains that underpin economic growth and deliver the technologies needed for a cleaner future, Foreign Affairs Minister Yermek Kosherbayev writes in an opinion article for Euronews.

Since the election last year, the UK government has said economic growth is its top priority, as a way to improve living standards, cut NHS waiting lists and ease pressure on household finances. But with the Office for Budget Responsibility predicting growth this year to be a below-average 1.5%, it…

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

Leaked forecasts from the Office for Budget Responsibility (OBR) predict higher inflation and unemployment for the UK in 2025 and 2026 than previously expected. The OBR also indicated that economic growth will be weaker from 2026 until the end of the current Labour government, with the tax burden continuing to…

It came as the UK’s official forecaster also reported that economic growth will be weaker than expected from 2026.

Planning permission granted for Buckinghamshire project seen as test of Labour’s drive for economic growth

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

UK Chancellor Rachel Reeves faces the challenge of raising an estimated £20-30bn, with both her and the government’s credibility on the line.