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Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years awayThe former Bank of England deputy governor Charlie Bean has warned the chancellor against making kneejerk cuts in next week’s spring statement to try …
Exclusive: 90% of Democrats, 57% of Republicans are worried about tariffs, with similar concerns about recessionNever miss global breaking news. Download our free app to keep up with key stories in real time.Americans are increasingly concerned about D…
Vacancies increase in building sector after low levels of activity in recent months amid economic uncertaintyVacancies have increased in the construction industry as well as for gardeners, teachers and maintenance workers, according to a new report.Res…
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billionsRachel Reeves will meet UK regulators on Monday after calling for more action to restrict red tape and spur economic growth.The chancello…
Don Farrell points out most Australian beef exported to US goes to fast food giant McDonald’sGet our breaking news email, free app or daily news podcastDonald Trump’s trade war could raise the price of American hamburgers, Australia’s trade minister ha…
GDP goes in wrong direction as chancellor puts final touches to fiscal plansUK economy shrinks unexpectedly in blow to ReevesBusiness live – latest updatesFor a government that has made growth its overriding mission, the 0.1% decline in GDP in January …
Districts in Birmingham now ranked below poorest areas of France, Slovenia and Malta as institute urges rethink on planned welfare cutsThe UK has tumbled down the league of affluent nations after almost a decade of welfare cuts and stagnant incomes, ac…
FCA move follows longstanding pressure against new public interest test for announcing investigationsTop City watchdogs drop new diversity and inclusion rulesPeers working for City firms dominate Lords scrutiny panelThe UK’s financial watchdog has bowe…
Ministers say ‘unsustainable’ rise in spending must be tackled but many backbenchers fear changes will not workDozens of backbench Labour MPs are unhappy with plans to cut billions from the rising welfare bill, with ministers holding meetings to convin…
International development committee warns of the potential damage cuts may cause in letter to the PMA cross-party group of MPs has written to Keir Starmer expressing “deep concern” about cuts to the UK’s aid budget, as ministers brace for a potentially…