Britain’s Economy Faces Slow Growth Amid Tax Shifts and Global Uncertainty
Britain’s economy has entered a phase of slow recovery, as reflected in its November GDP growth of 0.1%. This figure, while an improvement over the prior months of contraction, fell short of the anticipated 0.2% growth. The modest rise underscores…
UK Inflation in 2024: What It Means for Consumers and the Economy
The UK’s inflation rate stood at 2.5% in December 2024, marking a slight decrease from the previous month’s 2.6%. This decline signals a potential stabilization after three consecutive months above the Bank of England’s 2% target. Inflation, the measure of…