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GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in JuneBusiness live – latest updatesThe UK economy grew at a faster rate than expected in the second quarter, official figures show, despite a slowdown from a stro…
Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budgetThe Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country’s finances ahead of th…
The NICs rise, tariffs and weak consumer spending have hit firms but there are crumbs of comfort for the chancellorBusiness live – latest updatesUK employers cut back on bonuses and hiringBritain’s jobs market is in a challenging position. Job losses a…
Bourses in Australia and Japan hit record highs as hopes grow of trade deal within latest 90-day pauseBusiness live – latest updatesGeorge Magus: Why Peak China may finally have arrivedDonald Trump’s decision to extend a truce in the trade war with Chi…
Unemployment remains steady but vacancy rates drop and pay growth slowsBusiness live – latest updatesAnalysis: this is a slowdown, not a collapseEmployers have cut annual pay increases and pared back hiring in recent months as the economic slowdown too…
President signs executive order extending deadline for higher tariffs hours before agreement was due to expireUS politics live – latest updatesDonald Trump has once again delayed implementing sweeping tariffs on China, announcing another 90-day pause j…
Harry Melbourne’s froggy treat that cost 10p in its 1990s heyday sells for about 30p or even up to £1 nowThe creator of the Freddo chocolate bar would be rolling in his grave if he could see the prices being charged for a treat that cost 10p back in it…
Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardestHiring intentions among Britain’s businesses remain at a record low as they grapple with rising employment costs and worry about the economic…
Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levyThe chancellor and prime minister will begin to pitch-roll tax rises and reforms from September as part of a strategy to prepare the country for …
In their economic outlook the rate setters see a threat from rising prices of food, energy and business services Bank of England cuts base rate to 4%What the rate cut means for borrowers and saversA reduction in interest rates by the Bank of England sh…