Category: Economic policy

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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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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Martin Lewis ambushes Badenoch on Good Morning Britain over student loans plan

Finance campaigner marches on to set and tells Tory leader her policy to cut interest rates will only help top earnersUK politics live – latest updatesKemi Badenoch has faced what could be described as the stuff of...

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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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UK reports record-breaking budget surplus of £30.4bn in surprise boost for Rachel Reeves

Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficitThe UK government has posted the biggest ever budget surplus, official figures show, after a large boost in...

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UK politics: Starmer says Reform’s pledge to restore two-child benefit cap in full is ‘shameful’ – as it happened

Reform UK’s Robert Jenrick has announced party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut...

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UK politics: Starmer says Reform’s pledge to restore two-child benefit cap in full is ‘shameful’ – as it happened

Reform UK’s Robert Jenrick has announced party’s plans to cut welfare spendingRobert Jenrick, Reform UK’s Treasury spokesperson, is giving his speech now.He has announced, or confirmed, three measures to cut...

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