Category: Economic policy

Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution FoundationHousehold incomes will stagnate or fall next year but the chancellor, Rachel Reeves, will be hoping people feel better...

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UK must be less dependent on China for critical minerals, says thinktank

Exclusive: Labour Together urges government to ‘de-risk’ supply chains by working with other countriesThe UK must become less dependent on China for critical minerals, an influential thinktank has concluded before a...

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Welsh Tories criticise Of Mice and Men’s removal from GCSE course over racism concerns – UK politics live

Steinbeck’s book removed after some pupils felt distressed during discussions about its racial slurs During the Conservative leadership contest Kemi Badenoch wrote an article for the Sunday Telegraph about immigration in...

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No 10 declines to say whether Mandelson should use Farage in US to help establish good relations with Trump – UK politics live

Prime minister’s spokesperson declines to comment on whether new ambassador to US would use Nigel Farage’s links to president-electDuring the Conservative leadership contest Kemi Badenoch wrote an article for the...

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Sharp fall in UK business activity forecast as economic gloom deepens

CBI survey finds firms planning to reduce hiring amid weakest expectations for growth since November 2022British firms are predicting a sharp fall in business activity in the new year, in the latest economic snapshot to warn of...

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UK inflation hits eight-month high, adding to pressure to hold interest rates

Annual rate increases to 2.6% in November, driven by rising cost of groceries and hike in tobacco duty in budgetBusiness live – latest updatesUK inflation has risen to its highest level in eight months, adding to pressure...

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Union anger over Labour government’s ‘insulting’ 2.8% public sector pay plan

Pay review bodies will make final recommendations on proposed rises for teachers, NHS staff and other workersThe government is set for a clash with trade unions after ministers recommended a 2.8% pay rise for teachers, NHS staff...

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UK politics live: ‘No doubt’ government can find 5% efficiency savings, says Reeves as she unveils spending review

During visit to hospital, chancellor says review will look at ‘cracking down on waste, cracking down on non-priority spending’Rachel Reeves has rejected Lib Dem criticism (see 10.33am) that she is neglecting social...

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