UK economy rebounds but headwinds remain for government
Thursday, 16 January 2025 Britain's economic growth grew by 0.1 percent in November, less than expected. Prime Minister Keir Starmer and finance minister Rachel Reeves face challenges despite a slight drop in UK inflation in December. Reeves aims to drive economic growth amid criticism. Predictions indicate economic slowdown may continue amid higher taxes and potential trade conflicts.
Sir Keir Starmer and Kemi Badenoch engaged in a back-and-forth over the government's plans for growing the UK economy. Sir Keir Starmer accused Kemi Badenoch of talking “absolute nonsense” in her..
Along with an expansion of Heathrow Airport, the chancellor announced the government’s backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could..
Opposition leader Kemi Badenoch criticises Rachel Reeves' approach to the economy, claiming the Labour have eroded business confidence. She insists the government should listen to businesses rather..