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Drop in November annual rate adds to case for Bank of England cut to interest rates on ThursdayBusiness live – latest updatesUK inflation fell by more than expected in November amid a slowdown in food prices, official figures show, strengthening the ca…
October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fellYoung people hit hard as UK unemployment marches upwardsBusiness live – latest updatesThe rate of UK unemployment rose to a four-year high of 5.1% in …
Government says arrangement will bring in extra £400m on top of more than £15bn of existing annual trade with KoreaThe UK has signed a new trade deal with South Korea designed to increase exports of cars, Scottish salmon and Guinness canned in Britain….
Mark Rowley says capital is a safe city, and claims of no-go areas are ‘completely false’Members of the House of Lords have proposed “totally unnecessary” and “very cruel” amendments to the assisted dying bill in a bid to scupper it, Kim Leadbeater, th…
GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land RoverBusiness live – latest updatesBritain’s economy unexpectedly shrank in October as consumers held back on spending before Rachel Reeves’s budget and…
Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurateUK politics live – latest updatesRachel Reeves has condemned leaks before her make-or-break budget as “unacceptable” as she revealed her income…
UK gilt yields may have dropped a bit relative to other major countries, but it’s not at all clear that the fall with continueUK’s higher borrowing costs compared with major countries ‘may be coming to an end’Good news for Rachel Reeves: the cost of go…
Thinktank says Rachel Reeves’s budget had started to assure bond markets about fiscal approachRachel Reeves’s test from the bond markets starts nowThe “premium” that the UK pays to borrow money compared with its international peers may be coming to an …
In a boost for Rachel Reeves, deputy governor says analysis shows her policies will lower annual rate next year The Bank of England expects Rachel Reeves’s budget will reduce the UK’s headline inflation rate by as much as half a percentage point next y…
Booming exports have seen China’s trade surplus surpass $1trn, but the figures reveal the extent to which it is still reliant on foreign marketsA boom in exports that has pushed China’s trade surplus past $1tn for the first time reveals the extent to w…