Category: Economic growth (GDP)

Heathrow third runway GDP yield may be 90% less than original estimate

Department 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...

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Burnham brings in top economists before possible leadership run

Labour 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...

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Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market

Exclusive: 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...

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UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report 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...

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Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

Policy 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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Labour poised for fresh welfare changes after scale of youth jobs crisis revealed

Alan Milburn’s landmark report says unemployment among young costs UK £125bn a year and warns of ‘lost generation’ ‘A record of failure’: what’s in first part of Milburn report?Tell us:...

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Reeves seizes on surprise UK growth as evidence Labour leadership must stay

Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran warBusiness live – latest updatesAnalysis: Reeves says ‘if economy ain’t broke,...

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UK economy records surprise 0.3% growth in first month of the Iran war

GDP reading ties in with some surveys suggesting UK plc has kept up momentum despite rising fuel costsThe UK economy unexpectedly grew during the first full month of the Iran war, according to official figures, suggesting the...

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‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss...

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Airlines and companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra cost of metals and plasticsBusiness live – latest updatesOil prices fall as Trump hails ‘progress’ on...

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UK braces for price rises driven by Iran war as economic confidence plummets

Consumer confidence hit its lowest level since October 2023 this month, with surveys showing the cost pressures companies are facingConfidence in the UK economy has fallen sharply amid the mounting economic fallout from the Iran...

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