Donald Trump announced he was increasing tariffs on Canada as he reacted angrily to an anti-tariffs advertisement featuring former US President Ronald Reagan. Mr Trump announced the higher tariffs in …
Economy
Latest news and analysis on the UK and global economy — including inflation, interest rates, economic forecasts, government policy, and market trends.
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PoliticsUk Politics
Labour Suffers Devastating Caerphilly Defeat as Century-Long Winning Streak Ends Under Starmer
by Darren SmithLabour has been crushed in the Caerphilly by-election, losing a seat it had held for over a century in a devastating blow that saw the party slump to third place …
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EconomyNews
Reeves Weighs Breaking Labour Manifesto Pledge with Income Tax Rise to Plug £30bn Budget Gap
by Tara WhitmanChancellor 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 …
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EconomyMoney
Inflation Holds Steady at 3.8% as Transport Costs Surge But Food Prices Finally Fall
by Darren SmithInflation remained stubbornly stuck at 3.8 per cent for the 12 months to September 2025, defying expectations of a rise to four per cent but staying nearly double the Bank …
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NewsWorld News
French PM Lecornu Survives No-Confidence Votes After Pension Reform U-Turn
by James CarterPrime Minister Sébastien Lecornu narrowly escapes parliamentary censure following dramatic concessions on Macron’s flagship pension reforms, but faces mounting pressure over 2026 budget French Prime Minister Sébastien Lecornu has survived …
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EconomyNews
Rachel Reeves Confirms Tax Rises Coming in November Budget to Fill £30bn Black Hole
by Darren SmithChancellor 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 …
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PoliticsUk Politics
Farage on Course for Historic Landslide as Megapoll Projects Reform UK Could Win 445 Seats
by James CarterNigel Farage is on track to storm Downing Street with the biggest parliamentary majority in modern British history, according to a bombshell new megapoll that will send shockwaves through Westminster. …
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EconomyNews
UK Inflation to Remain Highest Among G7 Nations, IMF Warns as Food Costs Surge
by James CarterInternational 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 …
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EconomyMoney
Labour Edges Closer to Scrapping Two-Child Benefit Cap as Phillipson Drops Strongest Hint Yet
by Darren SmithA Cabinet minister has delivered the clearest signal to date that Labour is poised to axe the controversial two-child benefit cap, despite the Chancellor preparing another round of punishing tax …
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NewsWorld News
Macron Reappoints Sebastien Lecornu as Prime Minister Days After His Resignation in Unprecedented French Political Crisis
by James CarterFrench President Emmanuel Macron has reappointed Sebastien Lecornu as Prime Minister just four days after accepting his resignation, in a shocking move that underscores the unprecedented political paralysis gripping France. …