Sparking further warnings of a tax raid this autumn, the Office for National Statistics ( ONS ) said gross domestic product ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

The UK Statistics Authority, an arms-length government body, has been involved in scrutinising the ONS’s troubles.

The news is a blow to the chancellor and government as a whole, as they made growing the economy a number one priority. But ...

The latest monthly growth figures from the ONS showed U.K. GDP contracted 0.1% month-on-month in May. Analysts polled by ...

Britain's economy faces a setback. GDP declined for the second month in May. This surprises economists who expected growth.

GDP fell by 0.1% in May – its second monthly drop in a row – but grew by 0.5% in the preceding three months, according to new ...

Chancellor Rachel Reeves has described the latest figures show a contraction of the UK economy as ‘disappointing’.

The U.K. economy unexpectedly contracted for a second consecutive month in May, a sharp reversal in fortune following a stronger-than-expected start to the year that makes it more likely the Bank of ...

Britain's economy unexpectedly contracted for a second month in a row in May, official data showed Friday, in a blow to ...

The faltering GDP figures have deepened concerns about the economic outlook, adding pressure on Prime Minister Keir Starmer's Labor government amid global uncertainty over US tariffs and inflation.

Monthly real gross domestic product (GDP) is estimated to have fallen by 0.1% in May 2025, following an unrevised fall of 0.3 ...