Budget

Lidl warns of price rises and HMV of job cuts amid backlash over UK budget

Lidl has warned of potential price rises, with HMV predicting job cuts as a result of cost increases caused by the UK government’s budget.Doug Putman, the owner of the...

Lidl and HMV say price rises and job cuts are likely due to UK budget

The bosses of Lidl and HMV have spoken of potential price rises and job cuts as a result...

Retailers deserve a break – but they shouldn’t look to the chancellor for one

While the farmers took to the streets of Westminster, the shopkeepers protested in the old-fashioned way. They wrote...

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

The Bank of England governor, Andrew Bailey, has said retailers are right to warn of potential job cuts...

Keir Starmer denies budget to blame for rise in mortgage rates

Keir Starmer has conceded he was disappointed in the UK growth figures last week, but denied that his...

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have sapped consumer confidence and will lead to sharp reductions in private sector pay growth next year, two separate...

Are you worried about inflation? Then fear Trump, not Rachel Reeves | William Keegan

Having been fairly critical of my (almost) friend Rachel Reeves’s approach to her first budget, I wish to put in a word of praise...

Cost increases for shops and pubs are real and large. Pity the small operators | Nils Pratley

Wednesday’s number of the day in the UK corporate scene was £60m. It is what Marks & Spencer expects to pay extra in employers’...

Trump tariffs would halve UK growth and push up prices, says thinktank

UK growth would be halved in the event Donald Trump wins the US presidential race and imposes the swingeing new tariffs he has threatened,...

Investment drives growth. That’s why gloomy forecasters are so wrong about the budget | Will Hutton

There is a consensus among economists that a precondition for higher growth is higher levels of investment, and that one of the most certain...

The Observer view: a bold budget that’s the right response to years of neglect

The first Labour budget in 14 years introduced some much-needed honesty on the requirement for higher taxes and borrowing in an ageing society characterised by...