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The Latest Breaking News from PA Graphics

UK economy to grow by 1.6% this year after weaker-than-expected 2024 – IMF

The improved growth prospects will provide a boost for under-pressure Chancellor Rachel Reeves.

Evening Standard

‘Here for the long haul’ – Reeves launches fightback following market troubles

The Chancellor said she was not going to let her critics “get me down” as she rebuffed their attacks.

Evening Standard

Commons committee chairman says local roads are ‘riddled with potholes’

Local road conditions in England are worsening but the DfT has shown ‘too little interest’ in what difference its funding has made.

The Independent UK

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Chancellor urges regulators to ‘tear down’ red tape in bid for growth

It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November.

Evening Standard

PM warns it will take time to revive economy after weaker-than-expected growth

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

Weaker-than-forecast rebound in growth keeps Chancellor under pressure

The ONS estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

Bank of England should cut rates pre-emptively, says committee member

Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’.

Evening Standard

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Bafta 2025 film nominations: Key numbers and trends

Across the four acting categories, UK actors make up just five of the 24 nominees.

Evening Standard

Why has inflation fallen and why is this good news for the Government?

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

Evening Standard

Examples of where inflation eased last month – and where it accelerated

Prices fell faster in December than November for a handful of household essentials, including carpets, lighting equipment and irons.

The Independent UK

Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm

The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.

Evening Standard

Annual UK house price growth accelerated in November – ONS

A surprise slowing in inflation has also boosted hopes that mortgage rates could ease.

The Independent UK

London was the only UK region to see house price falls in year to November 2024

A surprise slowing in inflation has boosted hopes that mortgage rates could ease

Evening Standard

December inflation set to stay at 2.6% in ‘reprieve’ for UK economy

The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.

Evening Standard

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Evening Standard

Reeves back at Cabinet meeting amid market turmoil

Concerns have swirled that the Government is in danger of failing to meet its own fiscal rules and will need to take action to remain on track.

Evening Standard

North-south weather divide to emerge as snow thaws

Tuesday will be cloudy for the vast majority, but some sunshine is possible.

Evening Standard

UK and Mauritius say ‘good progress’ made in Chagos Islands talks

A Mauritian delegation visited London for talks on the controversial deal.

Evening Standard

London’s bitter cold snap comes to end as UK thaw sparks flood warnings

Ice and snow is expected to melt with localised flooding possible

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The Independent UK

Bitter cold snap coming to an end with flooding possible as snow and ice melt

Ice and snow is expected to melt, with localised flooding possible, the Met Office said.

The Independent UK

UK records coldest January night in 15 years as temperatures plummet to -18.7C

Altnaharra, a hamlet in the most northern region of the Highlands, had reached the temperature before 9pm on Friday

Evening Standard

Scottish hamlet reaches minus 17.3C in coldest January night in 15 years

Altnaharra, a hamlet in the most northern region of the Highlands, had reached the temperature before 9pm on Friday.

Evening Standard

Britain has enough gas, network says amid warnings stores are low

National Gas said Britain is ‘well placed’ to respond to winter demand.

Evening Standard

UK sees coldest January night in 15 years as winter snap continues

Overnight temperatures dropped to minus 14.5C overnight into Friday, the coldest night of the winter so far in the UK.

Evening Standard

Cold snap continues as temperatures set to drop during coming days

Weather warnings for ice are in place across parts of the UK until Friday morning.

Evening Standard

Firms to pass on tax hikes through lower wages in long run, Bank executive says

Sarah Breeden, the Bank’s deputy governor for financial stability, also said firms might respond to the tax rises by cutting staff or raising prices.

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