Public sector employees across the United Kingdom are facing increasingly constrained pay prospects as the Treasury signals a period of subdued wage growth. The fiscal pressures weighing on government finances
All posts tagged in UK Economy5- Page
455Articles
The anticipated decline in UK interest rates throughout 2025 did not materialise as expected. At the close of the previous year, the Bank of England held its base rate steady
Homeowners are set to face higher costs for renovations as Travis Perkins, the country’s largest builders merchant, signals a significant increase in prices for key construction materials beginning in January.
The United Kingdom is facing a shifting economic landscape as interest rates continue to fall. Amid the ongoing discussions on stability and growth, Chancellor Rachel Reeves asserts that Labour’s economic
Jaguar Land Rover which employs more than 38000 people has confirmed that a significant cyber attack earlier this year resulted in the theft of staff payroll and benefit data placing
Sir Keir Starmer and Rachel Reeves made economic growth the centrepiece of Labour’s manifesto, yet the first sixteen months of their government have brought little improvement. The UK economy has
Andrew Bailey, Governor of the Bank of England, has strongly defended the institution’s quantitative easing programme undertaken during the Covid pandemic, citing it as a vital intervention to avert a
Oil production in the waters off the Falkland Islands is set to commence following the final investment decisions made by Navitas Petroleum of Israel and Britain’s Rockhopper Exploration. The initial
Recent trading activity suggests that market confidence in Sir Keir Starmer and Chancellor Rachel Reeves has strengthened, signalling an end to the elevated risk premium that has burdened UK government
Britain is increasingly reliant on high taxation to bolster public finances amid lacklustre economic growth, according to the head of the International Air Transport Association. Willie Walsh, director general of
The Bank of England has signalled potential job losses among its workforce of nearly 6000 as part of cost-cutting measures to finance improvements in its economic forecasting. Governor Andrew Bailey
Rachel Reeves, Chancellor, appeared to have steadied bond market nerves after her latest Budget, implementing a broad range of tax increases to reassure investors. However, developments in Japan now threaten
Amid mounting economic pressure and internal debate within Downing Street, the Labour Party’s position on Brexit has come under renewed scrutiny, following a series of statements by Deputy Prime Minister
Rachel Reeves, the Chancellor, is under mounting pressure after accusations that she misrepresented the state of the UK’s public finances ahead of her £30bn tax measures, prompting demands for her
Retailers and hospitality operators are bracing for a sharp increase in business rates after the recent Budget, with many industry leaders warning the changes will intensify challenges for high street
Rachel Reeves is under increasing pressure after analysis reveals her latest Budget proposals could add £1.3 trillion to the United Kingdom’s national debt during this parliament. Despite her claims in
