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2024, economy and Growth

Surprise growth in UK economy at end of 2024

The UK economy unexpectedly grew in the final three months of last year following a boost to the construction and services sectors. The economy expanded by 0.1% between October and December, according to official figures, despite analysts predicting it would contract.

Bloomberg on MSN · 1d

UK Escapes Recession Threat After Posting Slow Growth in 2024

Britain registered unexpected growth at the end of 2024, a reprieve for the Labour government after a woeful run of economic indicators.

Economy shows surprise growth at end of 2024 - but living standards hit

While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of population showing a second quarter of contraction.

UK economy unexpectedly grew by 0.1% in 4th quarter

CNBC on MSN · 1d

UK economy ekes out 0.1% growth in the fourth quarter, beating expectations

The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three months.

Associated Press · 1d

UK economy ekes out modest growth in final quarter of 2024 after strong December

The British economy managed to eke out quarterly growth of 0.1% in the final quarter of 2024 following a stronger than anticipated performance in December.

The Financial Times · 1d

UK economy unexpectedly grew by 0.1% in fourth quarter

The UK economy unexpectedly grew by 0.1 per cent in the fourth quarter, in a surprise boost for Labour as it seeks to fulfil its pledges to re-energise the economy. The GDP figure for the final three months of the year from the Office for National Statistics compared with zero growth in the quarter that ended in September.

2don MSN

Shock for UK as Bank of England halves its economic growth prediction

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75%

UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...

Industry experts react to UK’s unexpected GDP growth

The UK economy delivered unexpected GDP growth of 0.1% in the last three months of 2024. 0.9% growth for 2024 was lower than ...

1d

Pound rises as economy ekes out some growth amid Bank caution on interest rate cuts

Sterling climbed to more than $1.25 versus the US dollar after latest ONS data and comments by the Bank of England's chief ...

12d

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts

The Bank of England’s top economists will meet on February 6 when forecasters predict they will cut the base interest rate to ...

UK Economy Poised for Growth, But BoE Rate Cuts Remain Limited

Britain is set for solid economic growth and lower inflation in 2024, but the Bank of England (BoE) has little room for ...

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