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City A.M. • May 31, 2025

‘No doubt’ UK will spend three per cent of GDP on defence by mid-2030s, Healey says

The UK government has confirmed its intention to increase defence expenditure to three per cent of gross domestic product by the mid-2030s, reflecting a sustained prioritization of...

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City A.M. • May 28, 2025

UK public spending will swell to more than half of GDP, IMF warns

According to the IMF, government expenditures in the UK are expected to rise substantially, exceeding fifty percent of the nation's economic output and necessitating difficult fisc...

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City A.M. • May 27, 2025

IMF upgrades UK growth forecasts despite tariff turmoil

The improved economic outlook for the UK indicates a modest increase in output, which may positively influence investment decisions and fiscal planning despite ongoing trade uncert...

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City A.M. • May 15, 2025

Interest rate cuts would ‘boost growth’, businesses tell Bank of England

Business leaders believe that lowering borrowing costs could encourage increased consumer spending, potentially strengthening economic expansion following recent growth in the UK's...

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City A.M. • May 01, 2025

Lloyds’ finance boss slams ring-fencing amid waning growth forecast

Lloyds' finance chief expressed concerns that regulatory ring-fencing could hinder banks' capacity to support economic growth, prompting a revision of GDP forecasts and an anticipa...

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