Economics

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 a polite letter to the chancellor voicing their “significant concerns” over...

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...

Be brave and impose minimum tax on world’s billionaires, urges Spanish minister

Spain’s economy minister has urged the world’s richest countries to “be brave” and redouble efforts to reach an...

Starmer aims to build ‘pragmatic and serious relationship’ in meeting with Xi

Keir Starmer will become the first UK prime minister in six years to meet the Chinese president, Xi...

Could Labour build closer EU trade ties and would this increase growth?

The Bank of England governor, Andrew Bailey, used his Mansion House speech on Thursday to say Brexit had undermined the UK’s economy and to...

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Rachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial...

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...

Climate breakdown will hit global growth by a third, say central banks

The physical shocks caused by climate breakdown will hit global economic growth by a third, according to a risk assessment by a network of...

City analysts overwhelmingly predict Bank of England interest rate cut

The Bank of England policymakers are widely expected to cut borrowing costs for businesses and homeowners by reducing official interest rates from 5% to...

Inflation looks to have secured Trump win but his policies mean higher prices

Higher share prices. A stronger dollar. A less rapid pace of interest rate cuts. The financial market reaction to Donald Trump’s likely return to...