GDP figures for the last quarter of 2024 are being published at 07:00 GMT - there was no growth in the third quarter.
The GBP/JPYgained sharply after upbeat UK GDP data. It hit an intraday high of 1912.82 and is currently trading around 192.78 ...
Cable markets are coiling ahead of the next round of UK GDP growth figures.
GBP/USD extends its winning streak for the third consecutive day, trading around 1.2460 during Thursday’s Asian session.
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Britain rebounded from a brief recession at the end of 2023 to enjoy a sudden growth spurt. GDP grew by 0.7pc in the first quarter, well ahead of any other nation in the G7. It did not last.
However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt ...