Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktankSoaring energy and housing costs mean Labour is on course to preside over the worst parliament for living standards in...
Read MoreBoost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarterBusiness live – latest updatesUK households’ incomes grew at a stronger pacethan previously estimated during...
Read MoreChancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time...
Read MorePrime minister vows to ‘reindustrialise Britain’ through new partnership with business The prime minister is to host business leaders, entrepreneurs and local mayors at Downing Street on Monday to pitch his government as a...
Read MoreEx-Tory chancellor says economy has ‘fallen off a cliff’ since Brexit but rejoining union could be ‘quite simple’Former chancellor George Osborne said Britain’s economy has “fallen off a cliff” since Brexit and that rejoining...
Read MoreCritics say threshold pushes higher-paid staff to cut back on work and often mothers to stop working to avoid losing entitlementJohn Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid...
Read MoreResolution Foundation suggests economy may finally be emerging from shadow of 2008 financial crisisProductivity in the UK – a vital measure of economic health – is growing more strongly than official figures suggest, according...
Read MoreVerdant thinktank says cost could top £25bn a year by 2030 and calls for maximum temperature for working and urban redesign to cool down citiesRepeated debilitating heatwaves this summer are likely to have cost the UK economy...
Read MoreRise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics showThe UK economy grew by 0.1% in May, despite the impact of the Iran war on energy costs, official figures show.The Office for...
Read MoreLobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to...
Read MoreJuly update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries...
Read MoreWith a new prime minister incoming, Labour faces a fundamental question about its economic visionAs Keir Starmer stands down as prime minister and attention turns toward Andy Burnham, the current moment should not be reduced to...
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