The Latest Breaking News from GDP

Under Biden, the move could wait until the UK worked out how to meet its 2.5% GDP commitment. Not now

With President Donald Trump entering office for the second time, Nato spending is once again under scrutiny as the United States warns European countries must dig deeper into their pockets.

Round-up of fact checks from the last week compiled by Full Fact.

Taiwan plans to increase defense spending to over 3% of GDP to address US security concerns.

Incorrect growth figures, and an incorrect claim that the UK is in a recession, were shared in an online post.

Austerity is an unusual economic concept. While it is one of the economic terms that attracts the most interest from the public, it remains controversial in policy debates. Advocates argue that reducing government deficits through spending cuts and tax increases restores confidence and stabilises economies. Critics, however, warn that these…

Senior Whitehall source warns armed forces capabilities would need to be pulled back without additional defence spending

Editorial: Despite growth in 2024, living standards fell. Inequality, weak public investment and government cuts threaten prosperity. Labour must offer voters something different

US Defense Secretary Pete Hegseth urges NATO allies to increase defense spending to 5% GDP, aligning with Trump administration's stance.

Chancellor says growth will drive up living standards – but some are less sure

The British economy growing at a rate of 0.1% a quarter would not normally be cause for unfurling the bunting at Number 11. After all GDP could hardly advance any less rapidly without grinding to a complete halt. But after the run of ghastly headlines Rachel Reeves has endured she…