The inflation rate increased to 2.3% in October, well below the level at which it peaked two years ago. But you would be wrong to think the cost of living crisis is over. At energy firm Utilita’s Hampshire call centre […]
Cost of living and inflation are not the same thing Read More »
Donald Trump vowed on his campaign that he would tax all goods imported into the US if he won back the White House. Following his victory, businesses and economists around the world are scrambling to work out how serious he
Will Trump victory spark global trade war? Read More »
Getty Images Chancellor Rachel Reeves always knew she was going to spend many days explaining her Budget. The reaction of those paying the bills for this near-record increase in taxes was always going to be harsh. For the chancellor, her
Rachel Reeves doesn’t mind if you don’t like her Budget Read More »
Getty Images Chancellor Rachel Reeves repeatedly called this a “Budget for growth”. Is it? Over the next two years, yes. But the UK’s official independent forecaster’s verdict is that all the measures in the Budget do not boost the economy
Where is the growth in this Budget? Read More »
The world economy could contract by the size of the combined French and German economies, if there is a broad-based trade war between the world’s major economies, the International Monetary Fund (IMF) has told the BBC. It comes as concerns
IMF deputy head warns world to avoid global trade war Read More »
The UK economy is set to “accelerate”, the International Monetary Fund (IMF) has said as it raised its growth forecast for this year. The influential global organisation now expects the UK to grow by 1.1% this year, up from the
UK growth ‘set to accelerate’ to 1.5% next year, says IMF Read More »
BBC The UK is sick. It’s much sicker than other similar countries, and the situation is getting worse, snowballing into a health, social, medical, economic, and potential budgetary crisis. We are heading to an all-time record for health-related benefits, according
Sick pay timebomb that risks a lost generation of workers Read More »
Getty Images Cabinet ministers have written to the Treasury to complain about departmental cuts being proposed ahead of this month’s Budget and spending review. Whitehall sources have suggested that the government is facing a £40bn gap in funding public services
Ministers complain to Treasury over spending cuts Read More »
Rachel Reeves is planning to change borrowing rules to free up billions of pounds more in spending for big projects in the upcoming Budget. The chancellor has committed to a self-imposed rule to see debt – the total amount the
Budget plan to spend billions more won’t stop tax rises Read More »
The government will prioritise and increase investment in major projects at this month’s Budget, Chancellor Rachel Reeves has said. In addition, she announced a nearly £22bn investment in two major new carbon capture schemes over 25 years. She criticised plans
Rachel Reeves’ carbon capture spend signals investment focus Read More »
