Rachel Reeves faces £1.3bn ‘triple lock’ headache
Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.
Rachel Reeves to meet bank bosses as growth agenda stalls
Reeves is reportedly calling in top executives at Barclays, Lloyds, NatWest and Nationwide, according to Sky News' Mark ...
Taxpayers to foot another £2bn pensions boost for civil servants
Retired civil servants, teachers, soldiers and NHS staff are amongst those who will receive a 1.7pc boost to their pensions ...
Rachel Reeves given ultimatum over 'putrid' downgrade to economy
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
Rachel Reeves and Ed Miliband have crushed growth - now it's Angela Rayner's turn
Talk about being trapped between a rock and a hard place. That's the fate of the Bank of England (BoE), thanks to Chancellor ...
Plan to increase personal tax allowance from £12,570 to £20,000 update as Commons debate looms
Frozen since 2021 are the £12,570 threshold at which earners begin forking out basic 20 per cent tax, as well as the £50,270 ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Besieged Reeves boosted by interest rate cut but hit by downgraded economic growth expectations
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Huge blow to Rachel Reeves as businesses slash jobs ahead of fresh tax hikes
January had the fewest job vacancies since August 2020, during the pandemic, according to shocking new research.
Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...