Rachel Reeves’ 2025 Spring Statement outlines key fiscal measures, including a £4.8bn welfare cut, downgraded economic growth forecast, £2.2bn defence boost, and planning reforms for 170,000 new homes. Market response remains cautious as debates over austerity versus stability continue.
IMF slashes global growth forecasts due to soaring US tariffs. The UK’s 2025 outlook drops to 1.1% amid high inflation and weak investment. A fragile recovery signals global economic uncertainty.
UK inflation has eased to 2.6%, largely due to falling petrol prices. With global oil supply rising and demand weakening, consumers and businesses are seeing short-term relief—but future trends remain uncertain.
Taiwan and the UK are forging a strong partnership, pushing for CPTPP membership and deeper collaboration in advanced manufacturing, clean energy, and digital innovation to safeguard global trade stability.
US tariffs hit British businesses hard: 45% report a 12% cost rise, and exports fall by 30%. Discover how innovation turns these challenges into opportunities.