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Tag: GDP

Nato set to pressure UK to raise defence spending to 3.5% of GDP to appease Trump

Sources say Britain will likely agree to NATO’s call to boost defence spending to 3.5% of GDP by 2035 ahead of this month’s summit, despite Starmer’s cautious public stance.

Economic resurrection or last gasp? Reeves scrambles as UK growth defies predictions

Unexpected GDP growth of 0.1% defies forecasts, but doubts linger over Reeves’ economic strategy.

UK exits recession as GDP growth hits 0.6% in early 2024

Unexpected GDP rise in Q1 reflects service sector gains, yet forecasters predict slow growth for 2024

Rishi Sunak commits to elevating UK defence spending to 2.5% of GDP by 2030

Amid escalating global tensions, UK Prime Minister Rishi Sunak announces a significant boost in defence funding, setting a firm target for 2030

UK plunges into technical recession amid economic turbulence

Economic downturn triggers speculation on Bank of England's interest rate decisions
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