We take a closer look at what this energy price cap rise means.
New figures show government borrowing unexpectedly surged in July – adding to the intense pressure on Rachel Reeves as she prepares her first budget.
The Conservatives were focusing on education policy today.
The search for votes has begun, and so have the promises. But the public spending plans which would have to pay for them are extremely tight.
We look at the key economic questions that will dominate all parties during the general election campaign.
The International Monetary Fund has delivered its annual health check for the UK.
President Biden has sharply increased tariffs on billions of dollars of Chinese imports, targeting electric cars and other green technologies.
Inflation has fallen to 3.2%, the lowest rate since September 2021 and driven by prices dropping for food items like meat, crumpets and chocolate biscuits. But forecasters had hoped it would fall by more. And that’s intensified concerns that the Bank of England may delay any interest rate cuts to later in the year.
Unemployment is up; employment is down. The UK jobs market is not in great shape according to the latest official figures.
A government scheme to expand the amount of funding for childcare in England begins to roll out this week. Some working parents of 2-year olds are now able to access 15 hours of support.
It’s another rollercoaster week for Donald Trump – who looks set to receive a multi-billion dollar windfall after his social media business launched on the US stock market today. The cash could be very handy for a man fighting both a presidential election and multiple legal cases.
A new report has said that the UK’s housing stock offers the worst value for money in any advanced economy.
“We’re not there yet” – the verdict today of Andrew Bailey as the Bank of England held interest rates at 5.25%. Despite that decision, there’s growing speculation that cuts will come this Summer. So no easing of the pressure from high interest rates yet, and stark evidence also released today showing more people falling into…
Is the fall in inflation a sign of the turning point in our economy which the government keeps talking about?
The UK’s economy returned to growth in January – with output expanding by 0.2%. So nowhere near a boom, but the figures do suggest the recession we entered at the end of last year may already be ending.