Economic policy

Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should sit on its hands and...

Why didn’t the Bank of England cut interest rates?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange...

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the...

Can UK avoid national debt almost tripling over next 50 years?

A near tripling of the national debt; public spending accounting for well over half the economy’s annual output;...

UK debt projected to almost triple over next 50 years, watchdog warns

The UK’s debt mountain will almost triple to more than 270% of national income over the next 50...

Voters believe Labour on UK’s woes, but not on its proposed fixes

The prime minister is struggling to communicate how his government will address the significant problems facing the UK. While the public readily accepts that...

These were not the choices I wanted to make, but they are the right choices for Britain | Rachel Reeves

During the general election, I made a promise to the British people: to restore economic stability. I did so because I saw the damage...

Starmer hints at tax rises as he warns of ‘painful’ budget

Keir Starmer has given his strongest hint yet of tax rises to come in October’s budget, warning he will have to make “painful” decisions...

Keir Starmer takes a political gamble with message of bad news

Sir Keir Starmer could perhaps have timed it better. On the day that Oasis, the band that symbolised the mood of sunny optimism that...

Renewed calls for UK industrial strategy to bring in investment and fix Brexit damage

UK manufacturers have renewed calls on the government to urgently draft an industrial strategy that will bring in investment and fix the “terrible” damage...

Unite calls for 1% wealth tax on super-rich to fund UK public sector pay rises

Britain’s second biggest trade union is calling on the new Labour government to introduce an emergency 1% wealth tax on the assets of the...