Economy suffers ‘sustained loss of momentum’ in wake of Budget
Britain has suffered a “sustained loss of momentum” in the wake of Rachel Reeves’s tax raid, according to a closely watched ...
UK politics live: Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled
The government has announced South Western Railway’s services will be the first to transfer into public ownership next year, ...
UK budget to keep inflation and interest rates higher for longer, says OECD
Inflation and interest rates are set to fall by less than expected after Rachel Reeves' budget delivered significant spending ...
PMQs live - Keir Starmer set to clash with Tory leader Kemi Badenoch over tax hikes
PM Keir Starmer will face questions from Kemi Badenoch as Chancellor Rachel Reeves insisted she is sticking by massive Budget ...
Labour's tax-raid Budget sparks fear among UK's small manufacturing businesses
Britain's manufacturing sector is reeling as Labour's Budget decisions send shockwaves through the industry, leaving many ...
Rachel Reeves’s Budget ‘will keep interest rates higher for longer’
Rachel Reeves’s Budget is likely to keep inflation and interest rates higher for longer as debt-fuelled growth pushes up ...
UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget
Influential Organisation for Economic Co-operation and Development also warns ‘risks and uncertainties high’ for global ...
UK Fiscal Stance Unsustainable Without More Tax Rises, OECD Says
British Chancellor Rachel Reeves will need to raise taxes further to get the public finances on a sustainable footing, the OECD said as it upgraded its growth forecasts for the UK.
UK interest rates to fall more slowly than expected after Budget – OECD
The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget ...
Public spending to ‘boost growth’ next year, but inflation also set to spike
In its latest economic outlook, the OECD projected that growth would pick up to 1.7 per cent in 2025 as a result of the ...
Interest rates to fall slower and inflation to rise next year after Labour Budget - report
The organisation predicted that the global economy will grow by 3.2% this year and 3.3% next year, marking a slight ...
Chancellor admits National Insurance rise won’t be ‘easy’ for companies
Chancellor Rachel Reeves has admitted that the increase in National Insurance employer contributions from April will not be “easy” for companies to absorb.