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European Commission forecasts 0.4% contraction for country amid high inflationGermany’s economy will shrink this year as part of a wider eurozone slowdown triggered by higher inflation and the dampening impact of rising interest rates, the European Com…
Two-fifths of UK adults disconnected for three hours or more with one in four left without service for nearly a weekThe number of Britons who have experienced their internet connection failing for at least three hours has almost doubled in the last yea…
Resolution Foundation predicts average Britons will be 4% poorer but better-off pensioners will be ‘big winners’UK workers’ living standards will flatline next year, leaving them on track to be 4% worse off heading into the next election than they were…
Chancellor blames expected rise on fuel price increases but maintains inflation will halve by end of 2023The chancellor, Jeremy Hunt, has said the UK may experience a “blip” increase in inflation this month, as data suggested that average fuel prices h…
Huw Pill says he prefers longer, more steady use of interest rates of Table Mountain model over sharp rise and fall of Matterhorn approachBusiness live – latest updatesTourist attraction, backdrop to millions of selfies and one of the world’s most easi…
Poor performance in services industry and manufacturing is mirrored in eurozone Britain’s policymakers have been put on recession alert after a closely watched measure of economic health showed the UK gripped by a Europe-wide slump in private sector ac…
Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9mJeremy Hunt has played down the prospect of pre-election tax cuts despite news that the public finances are…
Hopes for a booming economic rebound from the COVID-19 pandemic have not materialized for China, leading some forecasters to slash growth expectations for the manufacturing hub.
Shefford becomes second town council in Mid Bedfordshire to say MP should resign because she is no longer doing her job properlyRishi Sunak and Gillian Keegan, the education secretary, were both given a chance to show off their painting skills when the…
A profit warning from housebuilder Crest Nicholson compounded fears of a housing market slowdown, as Rightmove data revealed a further drop in asking pricesAJ Bell investment director Russ Mould said that while weak house price data (as was “hardly a s…