Chancellor has been under pressure to extend 5p temporary cut at an estimated cost to government of £2.4bn a yearUK politics live – latest updatesRachel Reeves is planning to cancel a rise in fuel duty this week when...
Read MoreChancellor 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,...
Read MoreGDP 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...
Read MoreAs 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...
Read MoreCost of government borrowing rises on concerns about potential for political instability and rising inflationBusiness live – latest updatesUK politics live – latest updatesThe cost of government borrowing has crept...
Read MoreCap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR saysBritain should lower speed limits for drivers as part of a package of measures to reduce the impact of the Iran war...
Read MoreLord committee says chancellor and recent predecessors have allowed themselves too little room for manoeuvreBusiness live – latest updatesRachel Reeves should aim to run a “significantly larger” buffer against...
Read More‘Inadequate economic security’ is putting growth and jobs at risk, says British Chambers of Commerce UK business leaders have called on the government to build an EU-style “trade bazooka” to protect...
Read MoreConsumer 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...
Read MoreBut Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsBusiness live – latest updatesThe UK government came in below its annual borrowing target by...
Read MoreDay-one rights to statutory sick pay and paternity leave begin on Monday, and that fits the pattern. From my own life, I know people’s anxieties, and I will respondStarmer attacks Greens, saying vote for Labour rivals puts...
Read MorePM also criticises business figures and opponents of changes, many of which come into force on Monday• Workers, pensioners and children: all better off. Ignore the critics – we really are standing up for working...
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Chancellor has been under pressure to extend 5p temporary