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This blog is now closed, you can read more on this story hereThe care minister has defended the government’s cautious response to developments in global trade after the sweeping imposition of tariffs by the US administration in Washington.Stephen Kinno…
February GDP rise was bigger than forecast – but impact from Donald Trump’s tariff war is yet to comeAnalysis: GDP jump offers Reeves some light as UK enters tariff tunnelBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in Feb…
Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’Business live – latest updatesUK economic growth will be hit by US tariffs, which are the biggest trade policy change in a century, a sen…
Carmakers will be given more flexibility over targets on transitioning to electric vehiclesKeir Starmer has said the government will step in to support key British industries, as business grapples with the economic turmoil unleashed by Donald Trump’s g…
Caveat from statistics agency is latest sign of its problems collecting reliable economic dataBritain’s main measure of wage growth may need to be revised after a large employer failed to supply earnings data on time, the troubled Office for National S…
Chancellor is expected to announce further welfare cuts when she outlines departmental spending plansRachel Reeves will not be raising taxes in the spring statement today, even though there are many people on the left who would prefer taxes to rise as …
Heidi Alexander gives green light to controversial £9bn tunnel, Britain’s biggest single planned road-building projectBusiness live – latest updatesThe transport secretary has given formal approval to the controversial and long-delayed £9bn Lower Thame…
UK chancellor ‘not satisfied’ with the current numbers, but promises the economy and living standards will improveRachel Reeves has promised the UK’s economy and living standards will improve, as she pledged to cut running costs of government by 15% an…
ONS, already working on fixing a survey, uncovers problems with two indices used to measure prices in economyThe UK’s troubled statistics agency has warned there are errors in its growth figures after spotting problems with the price data it uses to ca…
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospectsBank of England says companies freezing hiring plans as it keeps interest rates on holdBusiness live – latest updatesBank of England policyma…