Category: Economic policy

Rise in youth unemployment driving more to homelessness, UK charities say

Centrepoint warns young people facing ‘huge scarcity of work opportunities’ after Alan Milburn’s report on crisisThe growing number of young people not in work or education is driving more into unstable housing...

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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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Polanski defends Greens fielding byelection candidate against Burnham – UK politics live

The Green leader said that ‘people must have the choice to vote for the candidate of their choice’The Home Office has also published asylum figures this morning. These show that the number of asylum seekers being...

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Lib Dems say it’s ‘deeply troubling’ Andrew was not vetted before being given trade envoy role – politics live

Documents released by government also show late queen was ‘very keen’ for her son to have prominent roleThe Home Office has also published asylum figures this morning. These show that the number of asylum seekers...

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Reeves cuts VAT on summer days out to 5% as part of cost of living support

Chancellor says she will raise tax on global oil giants to help meet costs of plans and confirms freeze on fuel duty increasesBusiness live – latest updatesRachel Reeves will cut VAT to 5% on summer attractions such as...

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Reeves poised to cancel planned fuel duty rise to help with cost of living

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...

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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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