UK Economy News Today, 9 December 2025: Spending Slump, Weak Jobs Market and Rate‑Cut Hopes Define Outlook
UK economic data and commentary out today paint a picture of an economy that is cooling rather than crashing: households are cutting back, the labour market is softening, inflation is easing but still painful, and markets are betting the Bank of England will start cutting interest rates soon. Below is a full rundown of today’s key UK economy news, forecasts and analysis as of 9 December 2025.