Category: Economic growth (GDP)

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this year at a higher rate than previously estimated, with a...

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Spring forecast: Reeves insists Labour has ‘right economic plan’ as 2026 growth downgraded

Chancellor says she is in close touch with Bank of England governor and is meeting energy companies amid soaring oil and gas pricesBusiness live – latest updatesRachel Reeves insisted Labour has “the right economic...

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UK house prices rise in February as chancellor avoids ‘negative speculation’

Rachel Reeves’s upcoming spring forecast has not led to slowdown, as property tax rumours did in NovemberBusiness live – latest updatesUK politics live – latest updatesHouse prices in the UK increased in...

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Boring or bust: Reeves aims to project calm competence in spring budget

After 18 months of policy U-turns and political turmoil we are told not to expect any last-minute policy rabbitsPoliticians tend to hate being boring but Rachel Reeves will be delighted if Tuesday’s spring forecast is...

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Brighter UK economy gives Reeves a springboard for March statement

Record public finances accompany stronger retail sales and business activity but some analysts express cautionThe economic backdrop to Rachel Reeves’s upcoming spring statement appeared to brighten on Friday after a trio...

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Anas Sarwar says Starmer welcome to campaign for Labour in Scotland, days after after urging him to resign – UK politics live

Two days ago, the Scottish Labour leader said he wanted the prime minister to avoid Scotland during the election campaign because of his deep unpopularity with votersFamilies of nurses and carers have said they fear being torn...

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No 10 ducks questions about whether Doyle controversy could result in his peerage being removed – UK politics live

Matthew Doyle, who stepped down as the No 10 head of communications last March, had the whip removed on MondayFamilies of nurses and carers have said they fear being torn apart under an immigration crackdown condemned as...

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PM says aide linked to sex offender ‘did not give full account of his actions’ before he was made peer – UK politics live

Matthew Doyle, who stepped down as the No 10 head of communications last March, had the whip removed on MondayFamilies of nurses and carers have said they fear being torn apart under an immigration crackdown condemned as...

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Labour revives Northern Powerhouse Rail project with pledge of £45bn funds

Plan will start with TransPennine upgrade with new line connecting Liverpool and Manchester in second phaseLong-awaited plans for better railways across the north of England have been given government backing with an undertaking...

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