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Weaker growth outlook would set chancellor on course to break her fiscal rules without significant action in budgetThe Office for Budget Responsibility is expected to downgrade its key productivity forecast, the Guardian understands, setting Rachel Ree…
Analysis reveals ‘privatisation premium’ of £250 per household per year paid to owners of water, rail, bus, energy and mail services since 2010‘Birmingham is up the road but there are no buses’The public has paid almost £200bn to the shareholders who o…
No-frills supermarket reports sales rise as Food and Drink Federation says price inflation may hit 5.7%Business live – latest updatesThe UK boss of Aldi has said shoppers could face higher food prices if the government introduces further measures that …
Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checksLabour’s plans for a massive expansion of nuclear power have been given a boost with a string of transatlantic deals…
TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5mBusiness live – latest updatesThe chief executive of Barclays has said the UK government needs to limit pay rises for public sector workers and resi…
Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwindsBusiness live – latest updatesUK economy flatlines in JulyBusiness rates rise putst big shops at risk, say retailers“Our economy isn’…
Official GDP figures confirm widely expected slowdown after strong expansion in first half of the yearBusiness live – updates throughout the dayThe UK economy flatlined in July, according to official figures, in grim news for Rachel Reeves as she gears…
Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profitsUp to 400 large shops are at risk of closure with as many as 100,000 jobs at risk if the government goes ahead with plans to hit stores with …
Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim AllanUK politics live – latest updatesKeir Starmer is tightening his grip on economic policy by beefing up a committee th…
Rain Newton-Smith tells chancellor ‘the time for tinkering is over’ and revisit promise not to raise taxes on working peopleCBI chief: ‘It’s time for Reeves to reconsider Labour’s manifesto promises on tax’The boss of the Confederation of British Indus…