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Skipton BS ups bad loan reserve by 98 per cent to prepare for more economic gloom

Skipton Building Society's 2020 profits took a hit as the lender upped the pot of money se...

  • Feb 24, 2021
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UK suffers record economic slump

GDP shrank by 9.9 per cent last year amid Covid-19 lockdowns, marking the largest annual f...

  • Feb 12, 2021
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UK economy to bounce back from Covid crisis in 2021, Bank of England predicts

The UK economy is set to bounce back this year as the Covid-19 vaccination programme takes...

  • Feb 04, 2021
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Inflation picks up to 0.7 per cent

Higher clothes and food costs have contributed to a larger than expected increase in the r...

  • Nov 18, 2020
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Taxpayers may lose £26bn on unpaid Bounce Back Loans

The government faces a potential loss of £15bn to £26bn through fraudulent firms applyin...

  • Oct 07, 2020
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UK in recession after record 20 per cent slump

Lockdown caused the UK to plunge into the biggest recession since records began, according...

  • Aug 12, 2020
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Economy grows by 1.8 per cent but quick recovery looks unlikely

Monthly gross domestic product (GDP) grew by 1.8 per cent in May 2020, according to figure...

  • Jul 14, 2020
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UK economy suffers largest fall since 1979

UK gross domestic product (GDP) fell by 2.2 per cent in the first three months of 2020, as...

  • Jun 30, 2020
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UK GDP fell by a fifth in April

UK Gross Domestic Product (GDP) fell 20.4 per cent in April – the largest drop in a sing...

  • Jun 12, 2020
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UK economy narrowly avoids recession

Growth in the UK economy has slowed to its lowest rate in almost a decade, according to th...

  • Nov 11, 2019
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