Economic update: Inflation starts to fall but so does growth
The UK economy is barely any larger now than it was just before the pandemic.
Economic update: Much for the new Chancellor to consider
How could the Chancellor’s fiscal statement, or “mini-Budget”, affect rising inflation?
Economic update: New Prime Minister faces challenging economic outlook
With inflation over 10% in July, interest rates are at their highest since 2009.
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Insight
Economic update: Records broken as prices rise
The rise in inflation is outpacing almost all predictions and consumers are buying less.
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Economic update: Growth slows as inflation rises
Consumer prices were 9.1% higher in May 2022 than a year before, with the inflation rate expected to peak in October.
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Economic update: Rise in interest rates as inflation hits 40-year high
Inflation reached a 40-year high in April, and real wages continue to fall for many workers.
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Uncertainty in the UK’s economic forecasts
How does the Office for Budget Responsibility's forecasts work, and what does this mean for spending policy in the next few years?
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Insight
Economic update: Cost of living has wide-ranging impact
Prices are rising faster than they have for thirty years. How will this affect the rest of the economy?
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Economic update: Ukraine crisis adds to inflationary pressures
What is the potential impact on the UK economy from the conflict in Ukraine?
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Economic update: Economy was back to pre-pandemic level before Omicron
The UK economy grew above its pre-pandemic size for the first time in November 2021, before Omicron.
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Economic update: Prices and bank rates rise sooner than expected
Inflation figures published this month show that prices are rising fast.
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Economic update: Inflation rising as growth slows
Further increases in prices may lead to slower economic growth as consumers’ purchasing power erodes.
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Economic update: Summer ‘bounce back’ loses momentum
Economic growth is slowing and the end of the furlough scheme, along with rising inflation, means uncertainty ahead.
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Economic update: Recovery continues to beat expectations
Official employment and unemployment figures show the UK is in a strong position, but furlough scheme is due to end in September.
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Economic update: Growth slows as uncertainty rises
While robust GDP growth of around 7% is expected for 2021 as a whole, there are indications that the economic recovery has recently lost some momentum.
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