Faisal Islam

Getty Images “Definitely not a Budget” is the basic message emerging from the Treasury about Wednesday’s economic statement. There will not just be no red box outside Number 11, there will only be a “thin book” of new policies with […]

The work and pensions secretary has set out plans to “fix the broken benefits system” and tackle the “perverse incentives” driving people to depend on welfare. Liz Kendall’s announcement is designed to bring down the spend on sickness and disability

BBC In the next 24 hours and then over the following fortnight up until the Spring Statement, the government is going to talk a lot about a broken welfare system that is failing the people who use it, the economy

Mark Carney’s elevation to the top job in Canada is of particular significance at this moment when his country is at the frontline of a North American trade war. He becomes the “anti-Trump” on the US president’s doorstep. The former

The Treasury has earmarked several billion pounds in draft spending cuts to welfare and other government departments amid expectations the chancellor’s room for manoeuvre has all but been wiped out. The department will put the proposed cuts to the Office

Getty Images The US-UK trade deal warmly suggested by President Donald Trump should help insulate the UK from the direct impact of global trade tensions. It signals that the White House has accepted the statistical logic that the US and

The European economy is going to have a tough few years, if new forecasts are correct. Despite the European Central Bank (ECB) cutting interest rates for the third time in a row on Thursday, saying that lowering inflation was “well

Getty Images Elon Musk’s electric car firm Tesla pushed the government to make petrol car drivers “pay more” in the days after Labour won the general election. Musk, the chief executive of Tesla, has waded into British politics openly on