January surplus is still highest on record but below the £20bn City economists had forecastBusiness live – latest updatesA rise in self-assessment and capital gains tax receipts gave the UK’s public finances a...
Read MoreLocal authorities can collectively borrow £1.5bn to plug budget gaps caused by underfundingA record 30 English local authorities have been granted effective “bailouts” enabling them to borrow money to avoid...
Read MoreExclusive: Torsten Bell defends Labour’s spending plans, saying ‘the status quo is economically and morally bankrupt’Britain’s crumbling public services are bad for business, and spending more...
Read MoreAnnual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costsAnalysis: Bank of England faces bumpier road after inflation acceleratesBusiness live – latest updatesUK...
Read MoreAnnual CPI inflation rate hits 10-month high in January, in a blow to ministers as cost of living acceleratesBusiness live – latest updatesUK inflation accelerated faster than expected at the start of this year, eating...
Read MoreEnd of ‘de minimis’ policy for Chinese goods also expected to hit bigger fashion retailers such as Asos and BoohooMany UK-based independent sellers on marketplaces such as eBay and Amazon could suffer a significant...
Read MorePlan for ‘reasonable’ 2.8% rises may prove insufficient, forcing chancellor to find billions in extra funding Reeves has three ways to dodge an economic crisis – all are unthinkableRachel Reeves has been warned...
Read MoreImpending tax rises from autumn budget fuel collapse in sentiment and rising redundancy intentions, surveys showUK employers are preparing for the biggest redundancy round in a decade amid collapsing business confidence as firms...
Read MoreThe US president announced what he called ‘reciprocal tariffs’ on all other countries on ThursdayThe UK government will “wait and see” whether tariffs announced by Donald Trump “actually come to...
Read MoreFirst estimate of UK GDP for October-December shows Britain’s services sector and construction grew, but production contracted againUK economy grows by 0.1% in unexpected boost for Rachel ReevesShadow chancellor Mel Stride...
Read MoreONS data showing British national output rose in final quarter of 2024 confounds forecasts of 0.1% decline• Business live – latest updatesBritain’s economy unexpectedly grew in the final three months of last...
Read MoreWhile UK may not be in direct line of fire, knock-on effects on global trade has British businesses worried“We’re vulnerable at the moment,” says Fiona Conor, the managing director of Trust Electric Heating, a...
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