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British economy

Economy

A decade after Brexit, Britain weighs costs and gains

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Partner content

Inside Europe’s Supply Chains: Why Companies Source From The UK

Partner content presented by DBT

European manufacturers increasingly build their supply chains across borders, drawing on suppliers, skills and production in multiple countries. For companies like Bosch, the UK plays a specific role within that network, contributing a unique set of skills and expertise.

Economy

UK inflation hits 3.3% as Iran war drives energy costs higher

British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely.

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How UK–Europe Trade Is Driving the Next Generation of Manufacturing

Partner content presented by DBT

From electric vehicle batteries to aircraft wings, many of the products shaping Europe’s future are not made in one country alone. They are built across borders – with parts, expertise and technology moving between states – including between mainland Europe and the UK - at every stage.

Economy

Bank of England holds rate at 3.75% amid Iran war inflation fears

The Bank of England has held its main interest rate at 3.75% in the wake of rising oil and gas prices following the start of the Iran war.

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Why the UK is Europe’s Technology Partner of Choice

Partner content presented by DBT

As the UK and Europe reset their trading relationship, technology is emerging as one of the most dynamic areas of cooperation.

Partner content

‘Starting from a strong base’: Ceri Morgan on resetting the UK–Europe business relationship

Partner content presented by DBT

Trade between the UK and Europe has been shaped by geography, shared supply chains and decades of economic integration. Through changes of government, the commercial ties between them have remained deep and structurally significant.

Economy

Spring statement: Iran war casts shadow over UK economic recovery

Chancellor Rachel Reeves sought to strike an upbeat note on Tuesday on the state of the UK economy, even as oil and gas prices surged in the wake of the fast-evolving war with Iran.

Partner content

Open for Business | UK – Europe Trade Reset

Partner content presented by DBT

A new phase in the UK’s economic relationship with Europe is taking shape – defined by practical partnership and a clear focus on long-term economic opportunity. For European companies, the message from the UK is increasingly clear: Britain is open for business.

United Kingdom

Record number of people in UK live in 'very deep poverty', study shows

About 6.8 million people — almost half of all of those in poverty — are living in "very deep poverty" in the UK, the Joseph Rowntree Foundation warns.

Economy

A decade of Brexit: Britain falls behind peers in trade and growth

Economic analysis shows UK GDP per capita grew up to 10% less than similar nations as firms froze spending and productivity slipped.

Economy

UK budget: Record-high tax measures see positive market reaction

Britain's Chancellor of the Exchequer Rachel Reeves announced tax-raising measures, including new duties on high-value properties, dividends, and savings, in the state budget presented on Wednesday.

Economy

What’s at stake in the UK Autumn Budget? Here are the points to watch

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

Markets

What has been driving the significant decline in stock markets?

Global shares fell on Friday amid mounting concern over stretched tech valuations and renewed uncertainty about whether the US Federal Reserve will cut interest rates.

Economy

BoE keeps rates steady at 4% as economy shows signs of slowing

The UK's annual rate of consumer price inflation is standing at 3.8%, nearly double the bank’s 2% target.

Business

Jaguar Land Rover cyberattack drives UK car production to 73-year low

UK factories built 35.9% fewer vehicles in September after major manufacturer JLR was knocked offline by a cyber incident. Now the sector is accusing Westminster of unfairly taxing its own workers, putting Britain’s economy at risk.

Economy

Inflation in the UK remains high, sitting at 3.8% in September

Consumer prices remained almost twice as high as the Bank of England’s 2% target in September.