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Amid less gloomy OBR forecasts the chancellor is expected to take first steps towards cutting personal taxesJeremy Hunt will announce 110 measures to boost Britain’s stagnant economy and bow to demands from anxious Tory MPs for tax cuts when he deliver…
Sales slump 4.1% in October amid highest mortgage rates in two decades and a dearth of housesUS existing home sales dropped to the lowest level in more than 13 years in October as the highest mortgage rates in two decades and a dearth of houses drove b…
President-elect’s idea is a gamble that is likely to crash an economy paying the price for mistakes of his predecessorJavier Milei’s bigger-than-expected victory in the Argentinan presidential election suggests voters in South America’s second biggest …
Rolling coverage of the latest economic and financial news, including the latest UK inflation reportUK inflation expected to slow sharply, easing interest rate pressureThe annual pace of UK price rises is expected to have slowed sharply when the latest…
Thinktank says government and Bank of England need to take more joined-up approach to solving economic problemsThe Treasury should use price controls and cuts in VAT during the cost of living crisis to prevent the Bank of England from driving the econo…
Employers are looking for support in finding the workers they need through training, childcare and benefitsUK jobs market dodges hit from economic slowdownJeremy Hunt will be under pressure next week when he delivers his autumn statement to ease the pr…
ONS finds unemployment rate broadly unchanged and real wages rising thanks to falling inflationBusiness live – latest updatesBritain’s labour market has so far emerged largely unscathed from the slowdown in the economy, the latest official figures show…
Payments designed to help people cope insufficient to meet scale of problem, says committeeMinisters have come under further pressure to expand the financial support for Britons struggling with the cost of living crisis, after a committee of MPs found …
Generation Y counterparts in the US have closed living standards gap on previous generationsMillennials in the UK are still bearing the “economic scars” of the 2008 financial crisis and are struggling to catch up with the living standards of older grou…
Party loyalty would force Conservatives to vote against plan for fiscal responsibilityRead more: ‘I challenge Rishi Sunak: vote with Labour to stop a Truss-style disaster happening again,’ writes Rachel ReevesLabour will force a Commons vote this week …