The Bank of England predicted last week that the UK economy will grow by 1% this year, upgrading its previous 0.75% forecast on the back of a strong start to 2025. However, it cut its growth forecast ...

Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), described the agreement as ‘absolutely ...

The FTSE 100 (^FTSE) and European stocks were lower on Thursday despite news that the UK economy grew faster than expected in ...