UK Economic Growth Forecast for 2024 Lowered to 1.0% by Finance Minister Rachel Reeves
The UK’s economic growth forecast for 2024 has been revised down to 1.0%, according to Finance Minister Rachel Reeves. This announcement was made on...
British Pound Falls After Unexpected Drop in UK Inflation
The British pound weakened on Wednesday following a surprise decline in the UK inflation rate, raising expectations of a potential monetary easing by the...
Rachel Reeves Announces £14 Billion in Budget Cuts to Balance Public Finances
In her spring budget update, Chancellor of the Exchequer Rachel Reeves announced £14 billion (approximately €16.7 billion) in spending cuts to stabilize public finances...
New Entry Requirements for the UK and Namibia Starting in 2025
Starting in 2025, travelers heading to the United Kingdom and Namibia will face new entry requirements. From April 2, 2025, the UK will introduce...
UK Unemployment Rate Remains Stable at 4.3%
The UK’s unemployment rate has remained steady at 4.3% for the three-month period ending in October, unchanged from the rate recorded in September, according...
