The figures will come as a blow to Finance Minister Rachel Reeves, who has made rebooting economic growth and reducing the ...

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

New data from the Office for National Statistics (ONS) showed the fall in May was driven by a sharp drop in manufacturing, construction and production output. The biggest fall came from the production ...

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 ...

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 ...

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

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.

LONDON] The UK economy shrank for a second straight month as companies and consumers struggled to bounce back from the blow ...

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