Rise 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...
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...
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...
Read MoreEnergy secretary expected to argue that UK clean economy is booming as private sector pledges over £100bn of investmentEd Miliband is to say that the UK must stick to net zero targets to deliver jobs and growth, as...
Read MoreDepartment for Transport analysis suggests 0.05% boost will be offset by overall negative trade-off The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, government analysis shows, while...
Read MoreLabour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure marketsThree economic heavyweights have been brought in to advise Andy Burnham as he attempts to reassure the markets...
Read MoreExclusive: Ed Davey to make call ahead of 10th anniversary of Brexit vote, in strengthening of party’s position on EUThe Lib Dems will urge Andy Burnham to end Labour’s “torpor and timidity” towards the...
Read MoreGDP hit by higher energy prices caused by Middle East conflict, after 3% rise in MarchThe UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.As energy prices have risen...
Read MoreReport blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the...
Read MorePolicy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a...
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Incoming PM will reallocate unspecified resources from unpopular plan
