The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a ...

Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of ...

New data from the Office for National Statistics (ONS) showed the fall in May was driven by a sharp drop in manufacturing, ...

The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate ...

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

The Office for National Statistics said gross domestic product contracted by 0.1% in May, following a 0.3% drop in April.

The UK Statistics Authority, an arms-length government body, has been involved in scrutinising the ONS’s troubles.

Sir Robert Chote quits as head of UK Statistics Authority, the body responsible for overseeing the Office for National ...

Sterling fell to a two-week low as UK GDP data showed a contraction, suggesting the Bank of England might cut rates soon. The ...

The latest monthly growth figures from the ONS showed U.K. GDP contracted 0.1% month-on-month in May. Analysts polled by ...

The UK's economy contracted for a second consecutive month in May by 0.1%, heightening concerns for Finance Minister Rachel ...