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January annual drop is lowest level since March 2025, although still above Bank of England’s 2% targetBusiness live – latest updatesUK inflation tumbled to 3% in January, giving a boost to hopes of an early cut in interest rates by the Bank of England….
Falls in inflation and interest rates could leave Britain better off this year, but at the cost of high unemploymentUK unemployment rate hits five-year highPrivate sector pay increased on average by just 3.4% in December, according to the latest offici…
Programme launched by last Tory government was worked on by Deloitte and IBM but was paused in 2024Business live – latest updatesThe UK government has shelved a project to simplify trade border processes post-Brexit after spending £110m on a contract w…
ONS figures raise prospect of further interest rate cut by Bank of England in the springGloom for UK workers as incomes flatline and jobs market faltersBusiness live – latest updatesUnemployment in the UK has risen to 5.2%, the highest level in nearly …
Consumer confidence at its lowest level in two years, as young people in particular face money pressuresBusiness live – latest updatesThe mood among UK households about their finances is “dismal”, according to research which suggested consumer spending…
Rolling coverage of the latest economic and financial news, as UK households grow more worried about debtsUK consumer sentiment continued to sink this month, as households grow more worried about debt levels.A poll of consumer confidence from data firm…
Union analysis finds consumers lag behind international peers as some rate-setters remain anxious about inflationThe Trades Union Congress is urging the Bank of England to cut interest rates and rekindle economic growth, pointing to analysis showing th…
The dream of greasy overalls is driven by nostalgia and doesn’t justify policies that harm US consumersThe exhortations to protect America’s industrial muscle have resonated in the US at least since maverick presidential candidate Ross Perot brought up…
Consumers and businesses are not yet taking the hint despite six interest rate cutsUK economy grows by only 0.1% amid falling business investmentBusiness live – latest updatesRachel Reeves has suggested 2026 is the year Labour can start to deliver on i…
GDP in last three months of 2025 also hit by weak consumer spending, with little momentum going into this yearAnalysis: UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026The UK economy expanded by only 0.1% in the final …