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British economy flatlines in 3rd quarter in another blow to new Labour government

LONDON (AP) — The British economy flatlined in the third quarter of the year, according to downwardly revised official figures...

UK economy stagnates as GDP figures revised down

The UK economy had zero growth between July and September and is expected to have stagnated...

Labour reels from shock 0.1% fall in GDP in October

The British economy contracted by 0.1% in October in a second consecutive monthly fall that shocked...

Cost of ministerial folders revealed as Chancellor launches spending crackdown

A Whitehall department spent almost £1,200 of taxpayers’ money on two ministerial folders, official figures showed as Chancellor Rachel Reeves launched a crackdown on...

UK Statistics Failing on Multiple Fronts Pose New Policy Risk

(Bloomberg) -- Britain has a data problem that is raising fears of policy mis-steps at a critical juncture for the UK economy.Most Read from...

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

Britain’s biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they...

Rachel Reeves accused of exaggerating time spent working for Bank of England

Rachel Reeves has been accused of exaggerating the length of her service working at the Bank of England.In an interview from Stylist magazine in 2021,...

Few expected Britain to boom but the GDP figures will worry the Treasury

It was hardly surprising that the chancellor, Rachel Reeves, declared herself “not satisfied” with the news...

UK Treasury chief says she’s not satisfied by paltry third-quarter economic growth

LONDON (AP) — Britain's Treasury chief Rachel Reeves said Friday that she is “not satisfied” by official figures showing the...

UK plans to create pension megafunds with aim of unlocking $100 billion for investment

LONDON (AP) — British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with...

Rachel Reeves accused of business ‘betrayal as top back warns tax hikes will hit living standards

Rachel Reeves’s increase in employer national insurance contributions (NICs) will hit workers’ living standards, Barclays has warned, amid growing backlash over the tax hike....

Why are farmers angry about inheritance tax changes in the budget?

Some farmers are considering extreme measures like blockading ports or causing food shortages in protest to recent changes made to the budget, reports have...

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