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Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to actUK inflation eases to 3.6% before crunch budgetBusiness live – latest updatesAfter three months on a high plateau, inflation is beginning to ease …
Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statementFall looks like turning point that heralds interest rate cutBusiness live – latest updatesUK inflation fell to 3.6% in October, easing the p…
David Zahn of Franklin Templeton said bond yields could rise in response to chancellor’s fiscal plans and government would have to reactBusiness live – latest updatesThe bond markets could force Rachel Reeves to deliver a second budget if investors are…
David Zahn of Franklin Templeton said bond yields could rise in response to chancellor’s fiscal plans and government would have to reactBusiness live – latest updatesThe bond markets could force Rachel Reeves to deliver a second budget if investors are…
The Maga base rallied on inflation and racial grievances, but stressing race over the economy is costing the US presidentDonald Trump’s 2024 campaign strategy leaned heavily on two sources of grievance among the Maga base. The first was the rising cost…
Paul Nowak says OBR should be modernised to ditch ‘hardwired’ support for austerity economicsBritain’s budget watchdog is in danger of strangling growth and should be modernised to ditch its “hardwired” support for austerity economics, the Trades Union…
Survey finds 60% of key cities councils are planning to sell assets to meet costs of adult and children’s social careEnglish councils are planning to sell social clubs, sports centres and shopping arcades as they bet on a fire sale of assets to balance…
Chancellor expected to freeze level at which people start paying income tax for two years rather than putting rates upRachel Reeves will raise £7.5bn from millions of workers by freezing tax thresholds at the budget, after her decision to scrap controv…
Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget …
Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November The pound is now trading down just 0.24% versus the dollar at around £1.3159.The 10-year gilt yield is now up 0.06 percentage points …