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Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loomDuring the first televised debate in the run-up to last summer’s general election, Keir Starmer used a phrase t…
Former chancellor says employees’ contributions should rise to help address a £6bn shortfall caused by recent U-turnsThe Unite union has voted to re-examine its relationship with the Labour party in the light of the government’s failure to support its …
Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recoveringUK economy shrinks unexpectedly in blow to ReevesBusiness live – latest updatesMay’s unexpected 0.1% decline in GDP will make depressing reading …
Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performanceAnalysis: Fall in UK GDP puts focus back on expectations of tax rises in autumn budgetBusiness live – latest updatesRachel Reeves will attempt t…
The British Beer and Pub Association calls for help to cut pub costs with 378 pubs in England, Scotland and Wales likely to call time this yearBritish pubs will close down at the rate of one a day this year, the industry’s trade body has warned, blami…
Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for CitiesAs much as £5bn is needed to revive ailing UK town and city centres, with areas including Bradford in Yorkshire, Newport in south Wales, …
Starmer and Macron are due to attend a more formal summit tomorrowThe BMA strike decision must be a tempting topic for Kemi Badenoch at PMQs, which is starting very soon. The Conservatives have repeatedly criticised the government for the way they swif…
Industry lobby group draws up 20-point plan to stop London ‘drifting into irrelevance’Nils Pratley: London’s stock exchange needs a shot in the arm from the TreasuryThe London stock market risks “drifting into irrelevance” without government and regula…
This live blog is now closedFrench police slashing the boats of people smugglers is not “pleasant” but the right tactic, Heidi Alexander, the transport secretary, has said. Jessica Elgot and Peter Walker have the story.Boris Johnson, the former Tory PM…
Exclusive: Phones 4u founder, who switched from the Tories, says wealth tax would be very destructive to growthLabour’s most high-profile billionaire backer, who switched allegiance from the Conservatives, has said he is “increasingly nervous” about th…