Economic Review May 2025

A composite / hypothetical computer photoshop image of the city of London above the clouds including possible future development.

GDP unexpectedly rose by 0.7% in Q1 2025, driven by services, production and investment growth  The Bank of England cut interest rates despite inflation jumping to a 15-month high at 3.5%  The UK labour market shows weakness as payrolls drop and unemployment edges up to 4.5% UK growth beats expectations  First quarter gross domestic product […]