Breaking news and analysis on the global economy, covering markets, trade, government policies, and major financial developments affecting businesses and consumers.
Chancellor Rachel Reeves is reportedly considering a politically explosive income tax rise in next month’s Budget as she grapples with a multibillion-pound hole in Britain’s public finances, raising the prospect …
Chancellor Rachel Reeves has confirmed she is examining “further measures on tax” ahead of next month’s Budget, providing the clearest signal yet that British taxpayers face another round of tax …
International Monetary Fund upgrades inflation forecasts for 2025 and 2026 whilst revising growth predictions as rising wage bills and poor harvests drive price pressures The United Kingdom will experience the …
The Governor of the Bank of England has delivered a stark warning to G20 finance ministers that the global financial system is vulnerable to shocks amid soaring asset prices and …
Britain’s beleaguered steel sector is confronting an existential threat after the European Commission announced plans to double import tariffs to 50 per cent, in a move that could prove even …
Chancellor Rachel Reeves has all but confirmed that Britain faces another round of tax increases in November’s Budget, refusing to repeat her previous pledge against further hikes as Labour’s annual …
Chancellor Rachel Reeves has revealed plans for an “ambitious” youth mobility agreement with the European Union that would allow 18 to 30-year-olds to live and work in Britain for two …
Chancellor Rachel Reeves faces mounting pressure to implement radical tax reforms that would see pensioners and landlords shoulder a greater tax burden whilst protecting working-age Britons, according to proposals from …
The Bank of England has paused its cycle of interest rate cuts, voting to maintain the base rate at four per cent as inflationary pressures persist across the British economy. …
Britain’s unemployment rate remains stubbornly high at 4.7 per cent, matching a four-year peak, as cooling wage growth and falling job vacancies signal a weakening labour market that could force …
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