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July 16, 2025

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Economic policy

London’s stock exchange needs a shot in the arm from the Treasury | Nils Pratley

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellorLooser bonus rules and tax breaks needed to save London stock market, says CBI A marketing campaign to promote the joys of inve…

July 9, 2025
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Trump threatens to escalate trade war amid confusion over new tariff rates

US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plansDonald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, ami…

July 8, 2025
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Billionaire Labour backer John Caudwell ‘nervous’ about Starmer

Exclusive: Phones 4u founder, who switched from the Tories, says wealth tax would be very destructive to growthLabour’s most high-profile billionaire backer, who switched allegiance from the Conservatives, has said he is “increasingly nervous” about th…

July 7, 2025
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Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

Exclusive: Chancellor says she never considered resigning and warns ‘there are costs’ to welfare bill U-turnRachel Reeves has said it is impossible for her to rule out tax rises in the autumn budget and insisted she never thought about quitting despite…

July 4, 2025
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Rachel Reeves needs wider headroom against fiscal rules, ex-Bank of England deputy says

Charlie Bean says slim margin of £10bn means chancellor ‘has to neurotically fine-tune taxes to control OBR forecast’Business live – latest updatesThe former Bank of England deputy governor Charlie Bean has urged Rachel Reeves to create much wider head…

July 4, 2025
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Reeves’s fearsome challenge: to balance backbenchers and bond markets

While the chancellor may have lost credibility among restive MPs, market moves suggest investors support herWhere does the climbdown leave the public finances?It was Bill Clinton’s political adviser James Carville, way back in the 1990s, who said that …

July 3, 2025
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How Trump’s big bill will supercharge his deportation campaign by funneling $170bn to Ice

Critics warn the staggering sum dedicated to the agency in the bill will threaten humanitarian protections and disrupt the economyThousands of new immigration enforcement officers. Tens of thousands of new detention beds. New fees on asylum application…

July 2, 2025
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UK bond yields rise sharply amid speculation over future of Rachel Reeves

Welfare bill climbdown fuels biggest one-day hike in government borrowing costs since Liz Truss mini-budget debacleUK government borrowing costs have risen sharply amid speculation over Rachel Reeves’s position as chancellor, as City investors warned L…

July 2, 2025
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Where does the welfare bill climbdown leave UK public finances?

With £6.25bn in planned savings now shelved, the government faces awkward choices on how to plug gapWelfare bill climbdown will have ‘a cost’ at budget, says senior ministerReeves will stay as chancellor, says No 10 after her tears in CommonsKeir Starm…

July 2, 2025
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Reeves expected to freeze income tax thresholds to raise funds after welfare U-turn

Government’s concessions over welfare cuts leave chancellor with a growing hole in her budgetRachel Reeves is expected to extend a freeze on income tax thresholds to raise fresh funds after the government’s U-turn on welfare cuts left her with a growin…

June 27, 2025
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