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UK households have paid an average of £13,961 in additional costs for mortgages, loans, and utility bills since 2021, according to a TUC report calling for budget relief measures.
UK GDP unexpectedly grew 0.1% in August despite falling consumer spending, as manufacturing strength offset weakness in services and recreation sectors.
A Harris poll finds key voting groups including independents and rural voters increasingly dissatisfied with the economy ahead of midterm elections, with three-quarters concerned about recession risks.
European car manufacturers facing commercial crisis are increasingly pursuing military vehicle contracts and defence partnerships to utilize excess production capacity and stabilize workforces amid declining civilian auto sales.
The IMF has praised the UK’s plans to reduce borrowing, positioning it as a model within the G7 while other major economies increase debt, signaling constraints on upcoming Budget spending.
Wayfair, Appliances Direct, and Gold’s Gym have been fined a combined £6m by the UK competition watchdog for misleading sales tactics, with affected customers receiving refunds.
