Now playing Next Economy UK economy sees flat growth as inflation drags The UK's GDP inched up by 0.2% in September 2023, driven by services growth, while consumer-facing sectors sank. 10/11/2023
Now playing Next Economy Bank of England pauses interest hikes, as several European countries climb Following a surprise decrease in inflation in August, the Bank of England has announced its decision to pause interest rates, in contrast to many of the UK’s neighbours. 21/09/2023
Now playing Next United Kingdom UK economy saw record rebound before new COVID-19 restrictions The British economy grew by 15.5 per cent over the summer but monthly data suggest trouble lurks ahead once more 12/11/2020
Now playing Next Business "Operation Yellowhammer" Explained What happens if there is no Brexit deal? A few pages of the UK's government assessment, "Operation Yellowhammer" offers a rare glimpse at what a no-deal Brexit looks like. 12/09/2019
Now playing Next Business UK at risk of 'full-blown' recession Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country's budget deficit next year. 18/07/2019
Now playing Next Economy UK retailer celebrate Christmas, but worry about 2017 British retailers mostly report strong sales over the crucial end-of-year holiday period but are not sure if this heralds a recovery. 12/01/2017
Now playing Next Economy Cameron says "no guarantees of success" in steel crisis The British government is doing everything it can to solve the crisis posed by Tata Steel's plans to leave the UK, but nationalisation is not the right answer, says the Prime Minister. 31/03/2016