More results...
UK chancellor ‘not satisfied’ with the current numbers, but promises the economy and living standards will improveRachel Reeves has promised the UK’s economy and living standards will improve, as she pledged to cut running costs of government by 15% an…
The alarm has been raised by experts as the nation marks the fifth anniversary of the introduction of lockdown Key scientific lessons learned during the Covid-19 pandemic are being forgotten, UK scientists have warned.The researchers have raised the al…
Keir Starmer has been dealt a fresh blow to his living standards pledge in advance of the spring statementLiving standards for all UK families are set to fall by 2030, with those on the lowest incomes declining twice as fast as middle and high earners,…
Chancellor to tell party she is making steep cuts to avoid similar fallout to that which followed 2022 mini-budget Rachel Reeves will raise the spectre of Liz Truss’s disastrous mini-budget in the lead-up to next week’s spring statement as she tries to…
Chancellor may see data as vindication for spending cuts but some analysts say more radical action will be neededUK borrowing rises to £10.7bn in setback for ReevesBusiness live – latest updatesFebruary’s public finances data, published on Friday, is o…
IFS says chancellor ‘boxed in’ by promises before spring statement as February figure is much worse than expectedAnalysis: Borrowing overshoot will test Reeves’s resolve on tax risesBusiness live – latest updatesWorse-than-expected public spending data…
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospectsBank of England says companies freezing hiring plans as it keeps interest rates on holdBusiness live – latest updatesBank of England policyma…
More than 12,800 stores shut in 2024, down on 2023, but extra costs expected to take toll this year, study suggestsThe UK’s high streets are expected to empty out at a faster pace this year as extra costs imposed on businesses by Rachel Reeves are blam…
Labour MPs uneasy as chancellor prepares even deeper reductions that economists say will harm key servicesRachel Reeves will announce the biggest spending cuts since austerity at next week’s spring statement after ruling out tax rises as a way to close…
Changes could deny benefits to people who need help to wash or to remember to go to the toiletKeir Starmer will unveil drastic cuts to disability benefits on Tuesday, despite deep opposition from Labour MPs and poverty campaigners, and warnings from ec…