More results...
Government’s concessions over welfare cuts leave chancellor with a growing hole in her budgetRachel Reeves is expected to extend a freeze on income tax thresholds to raise fresh funds after the government’s U-turn on welfare cuts left her with a growin…
Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lostPeople dying early of cancer costs the UK economy £10.3bn a year, more than any other health condition, a study has revealed.That is the tota…
Devereux Review on the UK’s main statistics body also says a revision of past figures may be requiredThe UK’s main statistics body needs a £10m overhaul and its top role split in two after a series of management failings and errors that have plagued th…
Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decisionBusiness live – latest updatesThere are growing signs that the UK jobs markets is slowing as employers respond to higher national insu…
European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffsThe European Commission president, Ursula von der Leyen, has said the EU is ready for a trade deal with Donald Trump, but “all optio…
New strategy to focus on ‘more agile’ modest agreements, as opposed to wide-ranging dealsBritain has focused too much on trying to sign major trade deals with other countries, ministers have said, as they lay out the case for a big shift in post-Brexit…
Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation Chinese exports to the UK jumped in May, according to data from Beijing, raising the prospect of a flood of cut-price goods as firms look for alterna…
Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’The Bank of England governor, Andrew Bailey, has waded into the controversy over Rachel Reeves’s fiscal rules with a warning against “…
Bailey says the BoE doesn’t know how trade wars will play out, as UK brings in new restrictions on steel imports Oil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying t…
May figure second highest for month on record amid fears chancellor is struggling to keep within spending rulesBusiness live – latest updatesHigher tax receipts were unable to prevent a rise in public sector borrowing in May to £17.7bn, up from £17bn a…