Economy
The latest news, updates and opinions on Economy from the expert team here at MoneyWeek
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UK economy stalls in the final quarter of 2022 but avoids recession
News The latest data from the Office for National Statistics showed GDP fell 0.5% in December but remained flat in the final quarter of the year.
By Nicole García Mérida Published
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NIESR: The UK is likely to avoid a recession, but persistent inflation will damage household budgets
News The National Institute of Economic and Social Research (NIESR) says a UK recession is unlikely in 2023, but calls for more help for households in the March Budget
By Kalpana Fitzpatrick Published
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Digital pound likely to launch this decade
News The Treasury and the Bank of England have launched a consultation on the introduction of a state-backed digital pound. We explain how a “Britcoin” could work
By Ruth Emery Last updated
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UK funds suffer record outflows in 2022 amid cost of living crisis
News Investors pulled out a record £25bn out of funds in 2022 to help fund cost of living
By Nicole García Mérida Published
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Bank of England raises interest rate to 4%
News The Bank of England raised rates by 0.5%, marking the base rate’s 10th consecutive increase.
By Nicole García Mérida Published
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What are the UK’s most expensive postcodes to buy a house in?
Advice Data from estate agent comparison site GetAgent reveals the UK’s priciest and cheapest postcodes to buy a property in
By Nicole García Mérida Published
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When will UK inflation fall back to the BoE’s target?
Advice Inflation has started to slow, but it could remain high for some time as underlying pressures build
By Manika Premsingh Published
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UK inflation slows to 10.5%
News Figures from the Office for National Statistics showed the decrease was largely due to falling fuel prices
By Nicole García Mérida Published
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GDP grows by 0.1% in November
News GDP records a 0.1% growth for November, but does this mean the UK may escape a recession?
By Kalpana Fitzpatrick Published