Tag: UK Economy
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What to Expect as Rachel Reeves Signals a Brutal Budget for Pensions, Savings, and Inheritance
Overview: A Budget Met with High Stakes As the new fiscal plan from Chancellor Rachel Reeves nears publication, political commentators warn of a budget that could touch a wide array of personal finances. Critics argue that while Reeves promised a gentler approach than last year’s controversial tax blitz, the reality may still involve substantial adjustments…
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Tax Fairness: Reeves Says Those With Broad Shoulders Pay More
Reeves signals a broader tax take from the wealthiest British chancellor Rachel Reeves used a high-profile appearance in Washington to outline a core principle guiding an autumn budget shaped by rising inflation and uncertain forecasts: those with the broadest shoulders should pay their fair share. As she prepares to present a package of tax rises…
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UK GDP August 2025: Modest Growth Keeps Economy on a Tight Path
UK GDP August 2025: A Slow but Positive Nudge The UK economy expanded by a modest 0.1% in August 2025, according to the latest release from the Office for National Statistics (ONS). This aligns with economists’ expectations for a subdued month of growth after a stronger first half of the year. The data underline a…
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UK GDP August 2025: Modest 0.1% Expansion Reflects Mixed Output
Britain’s August GDP: a low‑glow of growth The UK economy expanded by a modest 0.1% in August 2025, according to the latest release from the Office for National Statistics (ONS). The gain follows a bumpy first half of the year and underscores the emergence of a mixed picture across the main sectors that drive output.…
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UK GDP August 2025: Slow Growth Takes Hold as Services Stagnate
UK GDP August 2025: A Modest Increase in a Slower Quarter Britain’s economy expanded by a modest 0.1% in August 2025, according to the Office for National Statistics (ONS). The data underline a consolidating pattern in which production rose while services stalled and construction contracted, painting a picture of a diverging economy that is struggling…
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Brexit’s Enduring Economic Toll: Reeves Signals Tax Rises as Budget Looms
Brexit’s Long Shadow on the UK Economy The case for Brexit’s lasting economic impact has shifted into sharper focus as Labour’s Rachel Reeves signposts forthcoming tax rises. Reeves, the party’s shadow chancellor, has repeatedly framed the budget debate around the assumption that the post-Brexit economy continues to bear the imprint of the 2016 referendum and…
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Brexit’s Severe, Lasting Impact Drives Budget Tax Rises
Brexit’s enduring economic hit linked to looming tax rises The UK’s political discourse is once again focused on the long shadow cast by Brexit as Labour’s Rachel Reeves confirms that tax rises are likely in the upcoming budget. Reeves has been presenting a narrative that links the economy’s slower productivity and higher living costs to…
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UK set to be second-fastest growing G7 economy, IMF projects
Overview: UK poised for modest growth in a volatile global climate The United Kingdom is forecast to be the second-fastest growing economy among the world’s leading advanced economies, the IMF said in its latest World Economic Outlook. Growth is projected at about 1.3% for both 2025 and 2026, a pace that outstrips most G7 peers…
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UK Growth Forecast: IMF Sees Second-Fastest G7 Expansion
Overview: UK poised for solid relative growth, IMF says The United Kingdom is forecast to be the second-fastest growing major economy among the G7 this year and next, according to the latest World Economic Outlook from the International Monetary Fund (IMF). The projection places the UK ahead of most peers in a year shaped by…
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UK forecast to be second-fastest growing economy in the G7: IMF outlook explained
UK set for notable growth within the G7, IMF projections show The International Monetary Fund (IMF) has updated its global outlook, placing the United Kingdom as the second-fastest growing economy among the world’s seven most advanced economies this year and next. Growth is forecast at 1.3% in both 2025 and 2026, a modest pace, yet…