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The Latest Breaking News from GDP

In the struggle to get Britain working, the long shadow of austerity could be part of the problem

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…

The Conversation

Labour’s defence budget ‘won’t touch the sides’, Starmer is warned

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

The Independent UK

The Guardian view on Britain’s broken economy: ‘That’s your bloody GDP, not ours’

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

The Guardian - UK

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US Urges NATO Allies To Increase Defense Spending To 5%

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

Top News

Does GDP growth mean ‘more money in your pocket’? Reeves plan explained

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

The Independent UK

OPINION - Whisper it quietly, but there may be some green shoots for Britain's economy

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…

Evening Standard

'Broken': UK living standards fall despite slight economic growth, data shows

THE UK economy unexpectedly eked out growth in the final three months of last year – but a key measure showed living standards actually fell,…

The National (Scotland)

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In NATO, The Closer To Russia, The More Spent On Defence

While NATO countries living near the Russian border pay well over two percent of their GDP on defence, those further away pay less.

International Business Times

Drinkers give some cheer to Rachel Reeves as pubs and bars spending helps to deliver surprise GDP growth

The economy was up 0.4%in December, beating City expectations

Evening Standard

Chancellor ‘still not satisfied’ despite surprise economic growth at end of 2024

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

Evening Standard

Reeves ‘still not satisfied’ despite surprise economic growth at end of 2024

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

The Independent UK

Sonic the Hedgehog boost for Reeves as UK economy unexpectedly returns to growth

Release of blockbuster much as Mafusa: The Lion King, Sonic the Hedgehog 3, and A Complete Unknown help boost growth in December .

Evening Standard

FTSE 100 Live 13 February: Unilever, Barclays and BAT shares slump after results, GDP shows surprise growth

Surprise GDP growth was today offset by another setback for the status of London’s stock market.

Evening Standard

UK returns to growth but living standards fall; oil price weakens on Ukraine peace talk hopes – as it happened

Britain’s services and construction sectors grew in October-December, but production contracted again… and GDP per person shrank

The Guardian - UK

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The Conversation

Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows

Coal fired power stations produce 85% of South Africa’s electricity, making the country the biggest producer of harmful greenhouse-gas emissions in Africa. To move away from coal and meet its commitment to reaching net zero emissions by 2050, South Africa needs to dramatically increase production of renewable energy. New research…

Evening Standard

Britain stares at a second recession in little more than a year as growth stalls

Economic growth slowed down sharply in the second half of the year

The Independent UK

Embattled Rachel Reeves gets Budget boost with growth forecast – but Trump tariffs will damage UK economy

Think tank says GDP growth is likely to be 0.2 percentage points lower in the first year of tariffs if implemented by the US president

The Independent UK

NATO allies await US defense secretary's visit, the first by a member of the Trump administration

U.S. Defense Secretary Pete Hegseth will become on Wednesday the first member of the new Trump administration to visit NATO

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Evening Standard

UK and allies must increase defence spending to keep US in Nato, says Healey

The Defence Secretary said it was time for the UK and European allies to ‘step up, to do more of the heavy lifting’.

Al Jazeera

Fact-check: Trump’s Super Bowl LIX interview with Fox’s Bret Baier

In his Super Bowl LIX interview, Trump addressed his administration’s economic aims. How accurate were his statements?

Evening Standard

Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

Laptop

Google's $75 billion bet on AI is more than most nation's GDP — but investors aren't impressed

Despite doubling its AI investment, Alphabet's stock takes a hit as DeepSeek's success proves money efficiency is as important as model efficiency.

Dynamite News

"Make in India has failed," says Rahul Gandhi during Motion of Thanks address

Rahul Gandhi pointed out that the share of production in the GDP (Gross Domestic Product) has decreased from 15.3 per cent in 2014 to 12.6 per cent in 2025. Read further on Dynamite News:

The Independent UK

UK economic growth forecasts downgraded in blow for Reeves

UK GDP is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts

Evening Standard

Fact check: New runways, growth projections and Taylor Swift clip

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

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