The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key ...

The British government said Friday it holds $32.3 billion in frozen Russian assets, according to an Office of Financial ...

Economists polled by Reuters had expected the country's GDP to grow by 0.1%. At 7:35 a.m. in London, shortly after the data release, the British pound was down by around 0.15% against the dollar ...

LONDON — The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month.

The U.K.'s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain's Office for National Statistics said the fall was mainly due to a contraction ...