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Economics

OBR Report Sets Out Stark Fiscal Challenge 
The OBR has starkly laid out the maths. The UK’s fiscal options are narrowing with debt on track to reach 300% of GDP by 2075.
The OBR has starkly laid out the maths. The UK’s fiscal options are narrowing with debt...
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Shevaun Haviland – Global Annual Conference Speech 2026
Whilst the ingredients to deliver growth are all here, something has clearly gone wrong with the mix.
Whilst the ingredients to deliver growth are all here, something has clearly gone wrong with the...
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BACK BUSINESS TO DELIVER GROWTH    
A new Administration must back business if it wants the UK to prosper, Director General of the BCC, Shevaun Haviland, is set to warn.
A new Administration must back business if it wants the UK to prosper, Director General of...
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No Surprise As Interest Rate Held  
Holding the interest rate at 3.75% is the common-sense call, given yesterday's better-than-expected inflation data and falling oil prices after the US and Iran signed a peace deal.
Holding the interest rate at 3.75% is the common-sense call, given yesterday's better-than-expected inflation data and...
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Inflation Steady But Unlikely To Ease Soon 
Inflation holding at 2.8% in May is better than expected but businesses remain under sustained cost pressure.
Inflation holding at 2.8% in May is better than expected but businesses remain under sustained cost...
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Firms Resilient As Global Headwinds Rise
Growth of 0.7% in the three months to April shows the UK economy maintained good momentum from the start of the year.
Growth of 0.7% in the three months to April shows the UK economy maintained good momentum...
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Will the Bank of England fix inflation without putting pressure on UK growth?
Caterina Batog, Research and Economics Analyst at BCC, explores what the latest BCC forecast shows and why monetary policy alone may not be enough to address the Bank's dilemma
Caterina Batog, Research and Economics Analyst at BCC, explores what the latest BCC forecast shows and...
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BCC Economic Forecast: Growth To Remain Subdued
The latest BCC Economic Forecast suggests growth will remain subdued in 2026 and 2027, as the reverberations of the Middle East conflict continue to be felt.
The latest BCC Economic Forecast suggests growth will remain subdued in 2026 and 2027, as the...
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Inflation Dip Unlikely To Be Sustained
Inflation slowing to 2.8% in April is likely to be a temporary quirk due to the timing of some prices changes rather than a signal on the direction of travel.
Inflation slowing to 2.8% in April is likely to be a temporary quirk due to the...
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Q1 Growth Shows Business Resilience  
Growth of 0.6% in Q1, shows the initial optimism we heard from our members at the start of the year was well grounded.
Growth of 0.6% in Q1, shows the initial optimism we heard from our members at the...
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