Category: Economics

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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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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