Economy

One of Britain’s last remaining steel companies has been forced into compulsory liquidation, placing nearly 1,500 jobs at risk and dealing another devastating blow to the UK’s beleaguered manufacturing sector. …

Chancellor Rachel Reeves oversaw lower government borrowing than expected in July, official data has revealed, even as fiscal watchdogs warn of mounting pressures that could see public debt triple to …

Chinese investors are capitalising on Labour’s controversial VAT policy on private school fees to accelerate their acquisition of British independent schools, with officials warning the Communist Party is orchestrating a …

30-year gilt yields hit 5.57 per cent as inflation fears mount and Government’s fiscal position comes under scrutiny Government borrowing costs have soared to their highest levels in 27 years, …

Chancellor considers ‘proportional’ levy as part of radical overhaul that could eventually replace council tax Chancellor Rachel Reeves is examining plans for a new property tax on homes worth more …

More than 200 establishments shut in first half of 2025 as rising costs and slashed business rates relief devastate hospitality sector Eight pubs are closing across the UK every week …

Sir Keir Starmer is facing intensifying pressure from his own backbenchers to introduce a wealth tax to address the growing black hole in public finances, with new polling revealing overwhelming …

Britain’s economy expanded by 0.3 per cent in the second quarter of 2025, surpassing economists’ expectations and offering a boost to Chancellor Rachel Reeves despite mounting global trade tensions. The …

Fashion accessories chain Claire’s is teetering on the edge of collapse after announcing it will appoint administrators for its UK and Ireland operations, placing 2,150 jobs in jeopardy as the …