Ministers ramp up anti-welfare rhetoric a day after data showed increase in UK unemployment The UK chancellor and the welfare secretary have suggested that too many people are claiming unemployment benefit as a lifestyle choice...
Read MoreRolling coverage of the latest economic and financial news, as total pay jumps by 8.5% in the last year – ahead of inflationThe Institute of Directors are urging the Bank of England to stop raising interest rates, saying...
Read MoreTreasury Committee quiz lenders about mortgage rates, as two-year fixed mortgage rate rises to 6.66%, highest since 2008Full story: UK two-year fixed mortgage rates hit highest level since 2008Full story: Record UK pay growth...
Read MoreStronger than expected job and pay data makes interest rate rise more likely, driving up two-year bond yieldsAnalysis: Don’t rule out half-point interest rate riseBusiness live – latest updatesUK government borrowing...
Read MoreReal pay for all workers lags behind inflation by 2.7%, piling on pressure amid cost of living crisisBusiness live: latest updatesUK public sector wages increased by just 2.7% in the year to October, according to official...
Read MoreLarge parts of national rail network grind to halt as RMT union members strike for increased payMuch of the UK’s rail network has ground to a halt as members of the RMT union begin a two-day strike on Tuesday, the first in...
Read MoreBoE warns that gilt market chaos poses a ‘material risk to UK financial stability’, as it starts buying inflation-linked bondsPat McFadden MP, Labour’s Shadow Chief Secretary to the Treasury, is urging the...
Read MoreFewer people found jobs under Way to Work despite triumphant claim that it helped 500,000Boris Johnson’s flagship jobs scheme appears to have failed, despite his claim that it helped half a million people into work.The Way...
Read MoreInflation and soaring energy bills cause squeeze on living standards, as unemployment rises slightlyAnalysis: Weak UK pay and jobs figures hint at tougher times aheadAverage wages in the UK are falling at the fastest rate for...
Read MoreIntensive ‘Restart’ programme is also struggling to find enough participants to meet predicted caseloadThe government’s flagship scheme to tackle long-term unemployment has failed to find a job for 93% of the...
Read MoreStatistics watchdog wrote to the PM about ‘selective use of data’ after statement about number of people in workGovernment officials were warned repeatedly about making misleading claims about job figures before the...
Read MoreSoaring vacancy rates mean employers need to work to attract and retain staff, but this will require a shift in attitudeA deadly virus arrives from the east and sweeps through western Europe for two years. The pandemic...
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‘Strikingly large’ sum being recouped from people who fell
Exclusive: Experts call for higher taxes and tougher regulation
Shadow foreign secretary sets out vision for a more
Plaid Cymru has ended its cooperation agreement with the
World No 1 released and will play second round
Phone messages and meetings suggest a friendship between Copperfield
Authorities confirm 46 cases and warn disruption could last
The chancellor claimed his government will bring down taxes
Academics’ union calls offer a ‘descent into parody’ while
Israel is appearing at the international court of justice