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Appointment of Nemat “Minouche” Shafik announced after series of economic missteps by Downing StreetBusiness live – latest updatesThe former Bank of England deputy governor Nemat “Minouche” Shafik is set to join Keir Starmer’s team as chief economic ad…
With the government facing defeat in a confidence vote, the nation’s economic problems will still need to tackledFrance is stuck in economic limbo, without a budget and soon, possibly, without a government. The prime minister, François Bayrou, has call…
Size of the task remains unclear but the chancellor will have to act in the face of expected growth downgradesUK borrowed less than expected in July in lift for ReevesBusiness live – latest updatesDespite a good month for the public finances, the Treas…
Public sector net borrowing falls to £1.1bn as chancellor explores tax-raising options in autumn budgetBusiness live – latest updatesThe UK government borrowed less than expected in July, official figures show, in a boost to the chancellor, Rachel Reev…
Decision on neighbourhood health centres expected in autumn but approach divides policy expertsLabour is preparing to kick off a new wave of public-private partnerships (PPPs) in England to build the neighbourhood health centres at the heart of its NHS…
Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration official…
Attempt to secure pre-pack administration deal comes as government officials step up planning for its collapseSanjeev Gupta is preparing a last-ditch attempt to save the remaining arm of his Liberty Steel business as government officials step up planni…
Growth of 0.3% is a positive sign but the chancellor still has major difficulties to confrontUK economy posts 0.3% growth in three months to JuneBusiness live – latest updatesBritain’s economy has defied the doomsayers. After growing strongly in the fi…
Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budgetThe Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country’s finances ahead of th…
Former minister says Tories are ignoring heartland voters and risk losing ground to Reform in next electionThe Conservatives are “not close to recognising” how badly they are positioned for the next election, the former cabinet minister David Gauke has…