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Annual rate slows in May from 3.5% in April despite record increase in chocolate pricesBusiness live – latest updatesInflation in the UK eased slightly to 3.4% last month as a steep fall in air fares and petrol prices was offset by a jump in the cost o…
Chancellor is keen to mollify wealthy global investors and attract foreign investment into the UKBusiness live – latest updatesRachel Reeves is considering caving in to City lobbying and softening changes to inheritance tax that affect wealthy individu…
Starmer should secure deal as soon as possible to exempt UK steel from US levies, says Community unionBusiness live – latest updatesSteel trade unions have said it is “absolutely vital” that the UK rapidly secures a deal to protect the sector from Dona…
Rolling coverage of the latest economic and financial newsMiddle East crisis live: Iran and Israel trade attacks amid reports Tehran could be seeking talksIran and Israel crisis: what does it mean for the price of oil?Over at the Paris Air Show, a row …
Concerns raised that section 899 could backfire and also undermine dollar’s safe haven statusForeign investment into the US could be threatened by Donald Trump’s new “revenge” taxes, analysts have warned.A provision within the president’s One Big Beaut…
Exclusive: as the shortest day of the year draws near, government study shows how earlier sunsets curb economic activity and public transport tripsGet our breaking news email, free app or daily news podcastDaylight saving and its delayed sunsets encour…
Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than othersRachel Reeves usually avoids any mention of the word “austerity” in connection with her fiscal policies, but on Wednesday, she d…
Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax risesYou can only conclude that Paul Johnson is demob-happy. The director of the Institute for Fiscal Studies is off to run an Oxford college in …
Investors turn away from weakening US economy and erratic policy after Trump repeats tariff threatsThe dollar sank to its lowest level in more than three years on Thursday and the FTSE 100 closed at a record high as Donald Trump’s latest trade threats …
Institute for Fiscal Studies says Treasury figures for projected efficiency savings are not credibleUK on track to become a ‘National Health State’, says thinktankRachel Reeves is now on ITV’s Good Morning Britain. Susannah Reid and Richard Madeley are…