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Environment secretary backs plan to end sewage spills and financial mismanagement in England and WalesBusiness live – updatesA new water regulator will replace the powers of Ofwat, the Drinking Water Inspectorate and the Environment Agency to “reset” a…
Despite the latest poor data, wage growth remains resilient and there are ‘signs of confidence returning’UK unemployment rises as jobs market ‘weakens’Business live – latest updatesAnaemic economic growth, rising inflation, and a worsening outlook in t…
ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%.Analysis: the UK jobs market is cooling, not collapsingBusiness live – updatesUnemployment climbed and wage growth slowed in the three mo…
Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomyUK inflation rises unexpectedly to 3.6%Business live – latest updatesFor anyone hoping the Bank of England will pick up the pace of interest …
Annual increase in June follows warnings about increase in employment taxes leading to job cuts and higher pricesAnalysis: UK inflation rise makes it clear: the cost of living crisis has not gone awayBusiness live – latest updatesUK inflation unexpecte…
In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy? Good morning. The chancellor, Rachel Reeves, has vowed to cut back regulation in the UK financial sec…
At the Mansion House dinner she will call for regulators to allow more risk to clear the way for economic growthRachel Reeves will say that rules and red tape are acting as a “boot on the neck” of businesses and risk “choking off” innovation across the…
Leeds Reforms include streamlined accountability for senior bankers and a campaign to get more consumers investing in the stock marketBusiness live – latest updatesRachel Reeves has unveiled a package of City reforms meant to cut “unnecessary” red tape…
Energy secretary says it is not clear if opposition have any net zero policy As Rowena Mason revealed recently, No 10 has issued guidance that in effect bans civil servants from any level of speaking at events where journalists are present.Today the Ti…
Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loomDuring the first televised debate in the run-up to last summer’s general election, Keir Starmer used a phrase t…