More results...
Chief secretary to the Treasury confirms some recommended rises could be blocked despite prospect of strikesThe government is prepared to block the pay rises that public sector review bodies recommend, a senior minister has confirmed, as unions threate…
The cost of living is falling in Europe and the US but is still rising in Britain. We look at the major culpritsThe Bank of England has struggled to understand why inflation remains high in the UK. It has fallen in France, Germany, the US and especiall…
Bank raises base rate to 5% and is predicted to go to 6% as pressure grows on government to interveneRishi Sunak’s pledge to ease the cost of living crisis is in tatters after the Bank of England was forced to raise interest rates to 5% in an inflation…
Leader says there is no quick fix and there are problems with approach advocated by Lib DemsKeir Starmer has said he would not support subsidising mortgage holders to spare them the pain of rising interest rates, as the Bank of England pushed its base …
Prime minister says he knows people will be anxious about rate rise but ‘it is going to be OK’. This live blog is closedBank of England raises interest rates by a half point to 5%Rishi Sunak has posted a thread on Twitter setting out what the governmen…
Shadow chancellor Rachel Reeves says party would force banks to take a range of steps to protect borrowersLabour has piled further pressure on Rishi Sunak to take action to help struggling mortgage holders as the Bank of England prepares to raise inter…
Former health secretary says understanding important of early quarantining could have helped prevent disease spreading. This live blog is closedDavid Cameron was warned in 2013 UK risk assessment ‘too secret’PMQs is about to start.Here is the list of M…
In today’s newsletter: Rising inflation and interest rates mean real pain for homeowners – with few signs of relief on the waySign up here for our daily newsletter, First EditionGood morning. Some call it a catastrophe. Others prefer crisis, “ticking t…
Institute for Public Policy Research points to £500bn-plus underspend compared with other advanced economiesMore than half a trillion pounds’ worth of underinvestment by government and business over recent decades has left Britain’s economy trapped in …
Members in marginal seats fear Conservative party leaders have not understood the impact of rate risesTory MPs in marginal seats are already sounding the alarm over an “interest rate catastrophe”, amid claims that the party has not understood the impac…