Back to News
UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026
Business•February 12, 2026 at 9:14 AMNational

UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026

By Heather Stewart Economics editor•The Guardian - UK News

Consumers and businesses are not yet taking the hint despite six interest rate cutsUK economy grows by only 0.1% amid falling business investmentBusiness live – latest updatesRachel Reeves has suggested 2026 is the year Labour can start to deliver on its economic promises; but 0.1% GDP growth in the final quarter of last year is hardly the springboard she was hoping for.In the supportive message on X she sent on Monday as Keir Starmer’s future appeared under threat, the chancellor claimed “the conditions for the economy to grow are there”. Continue reading...

Consumers and businesses are not yet taking the hint despite six interest rate cuts

Rachel Reeves has suggested 2026 is the year Labour can start to deliver on its economic promises; but 0.1% GDP growth in the final quarter of last year is hardly the springboard she was hoping for.

In the supportive message on X she sent on Monday as Keir Starmer’s future appeared under threat, the chancellor claimed “the conditions for the economy to grow are there”.

Continue reading...

Related News

UK car industry to press EU for two-year delay to Brexit EV tariffs
UK NewsBusiness

UK car industry to press EU for two-year delay to Brexit EV tariffs

‘Rules of origin’ on vehicle batteries due to come into force on 1 January if deal on new delay is not reachedBusiness l...

The Guardian - UK News4 hours ago
Poundland owner secures two extra weeks to ensure retail chain’s survival
UK NewsBusiness

Poundland owner secures two extra weeks to ensure retail chain’s survival

US investment firm Gordon Brothers is ‘taking due care’ to consider if one of three bidders has enough fundsBusiness liv...

The Guardian - UK News6 hours ago
AI helped UK defy expectations – but will economy’s resilience fizzle out?
UK NewsPoliticsBusinessTechnology

AI helped UK defy expectations – but will economy’s resilience fizzle out?

Despite John Healey’s defiance, the economy faces threats from a tech slowdown and energy bills this winterAI helps UK e...

The Guardian - UK News7 hours ago
Metro Bank up for sale, with billionaire investor in line for £420m windfall
UK NewsBusiness

Metro Bank up for sale, with billionaire investor in line for £420m windfall

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bankMetro Bank is...

The Guardian - UK News8 hours ago
Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
UK NewsBusiness

Burberry returns to profit as sales soar, from £85 socks to £9,000 coats

CEO says ‘democratic approach’ has helped brand outperform tough market, with big rises in China and USBurberry has retu...

The Guardian - UK News8 hours ago
UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m
UK NewsPoliticsBusiness

UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m

Britain’s national wealth fund invests £113m in UForce, whose equipment has been used heavily in war with RussiaA London...

The Guardian - UK News10 hours ago

More From These Categories

Business

View All

No other articles in this category yet.