Economy

Sir Keir Starmer has dismissed economists’ stark warnings that Labour faces a £50 billion black hole in the public finances, as pressure mounts on Chancellor Rachel Reeves to break key …

Labour’s flagship pledge to make Britain the fastest growing economy in the G7 is lying in tatters after the International Monetary Fund revealed the UK would trail behind Donald Trump’s …

Goldman Sachs boss warns London’s financial status is ‘fragile’ as Chancellor faces £30bn Budget black hole Chancellor Rachel Reeves’ capital gains tax increases have backfired spectacularly, with receipts plummeting by …

Rachel Reeves is reportedly considering a tax raid on pensioners amid growing pressure to fill the Treasury’s coffers, whilst simultaneously preparing to reject Labour backbench demands for a wealth tax …

The rate of inflation has risen by more than expected on the back of fuel and food price pressures, according to official figures which have prompted accusations of an own …

UK Foreign Secretary announces ‘landmark’ funding to Singapore despite island state’s minimal carbon footprint and vast wealth Foreign Secretary David Lammy has committed £70 million of British taxpayers’ money to …

Bitcoin has shattered the $120,000 milestone for the first time in its history, with the world’s largest cryptocurrency touching $122,600 on Monday as institutional investors pile into the market ahead …

The government will unveil plans this week to make electric vehicles more affordable for British drivers, Transport Secretary Heidi Alexander confirmed on Sunday, though she declined to specify whether this …

Rachel Reeves has been handed a damning “horror show” report card by the Office for Budget Responsibility, which warned Tuesday that Labour’s string of policy U-turns have left Britain’s finances …