Since the turn of the year the chancellor Rachel Reeves has had a single priority, repeated loud and clear at every opportunity; growth. It was a battle cry repeated from Beijing to Cape Town via Davos and repeatedly at home but, judging by figures for January, the economy is not yet listening. A contraction in

The UK economy shrank at the start of 2025, according to official figures which had been expected to show further meagre growth. The Office for National Statistics (ONS) said that output declined by 0.1% during the month following the 0.4% growth seen in December. A growth figure of 0.1% had been tipped by a majority

The UK economy grew fractionally during the final three months of 2024, according to early official figures, which ease the immediate risk of a recession. The Office for National Statistics (ONS) reported a 0.1% rise in gross domestic product (GDP) during the fourth quarter, with only a recovery for growth in Christmas spending and manufacturing

The UK economy grew fractionally during the final three months of 2024, according to early official figures which ease the immediate risk of a recession. The Office for National Statistics (ONS) reported a 0.1% rise in gross domestic product (GDP) during the fourth quarter, with growth in services and manufacturing during December coming to the

Investing.com - The yields on UK government bonds rose Thursday after Chancellor Rachel Reeves said she was prepared to announce new measures to ensure it meets its fiscal rules in March. At 06:20 ET (11:20 GMT), the yield on benchmark 10-year UK government bonds, known as gilts, rose 6 basis points to 4.70%. Prices and

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW () -President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told . Russia's economy, driven by exports of oil, gas and minerals, grew

By Kevin Buckland and Harry Robertson TOKYO/LONDON () -The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions could move currencies over the next week, with

Capital Economics forecasts the Bank of Canada would likely opt for a 25 basis point reduction in its policy rate in the upcoming meeting, despite recent economic data that could warrant a pause in rate cuts. The decision is influenced by the persistent threat of tariffs, which poses a risk to the economic outlook. In

MOSCOW () - The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges with key economic policymakers at odds on how to address them. Economists describe the outlook for 2025 as an "ideal storm" with

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW () - President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told . Russia's economy, driven by exports of oil, gas and minerals