UK economy – UK News Headlines

Government borrowing higher than expected in February

by AdminsMarch 22, 20250

Getty Images UK government borrowing was higher than expected in February, adding pressure to Chancellor Rachel Reeves ahead of her Spring Statement next week. Borrowing …

Reeves says she won’t let critics get her down

by AdminsJanuary 17, 20250

BBC Rachel Reeves has said she will not let critics “get me down” following a bumpy few days for the UK economy. The chancellor was …

UK inflation rate hits highest level for eight months

by AdminsDecember 19, 20240

Getty Images The UK inflation rate has gone up for the second month in a row, with prices rising at their fastest pace since March. …

Taxpayers can’t fund payouts for Waspi women, Starmer says

by AdminsDecember 19, 20240

Prime Minister Keir Starmer has defended the decision to reject compensation for women hit by changes to the state pension age, arguing that the taxpayer …

UK must rebuild post-Brexit relations with EU, says Bank boss

by AdminsNovember 15, 20240

Getty Images The UK must “rebuild relations” with the EU “while respecting the decision of the British people” who voted to leave in 2016, the …

Tax rises needed to avert austerity, Starmer says

by AdminsOctober 29, 20240

The Budget will embrace the “harsh light of fiscal reality” but “better days are ahead”, Sir Keir Starmer has said in a speech ahead of …

Budget: Jeremy Hunt expected to announce 2p National Insurance cut

by AdminsMarch 6, 20240

Jeremy Hunt is expected to announce a 2p cut to National Insurance when he delivers his Budget on Wednesday. The plan – which matches a …

UK economy growth forecasts slashed for next two years

by AdminsNovember 23, 20230

The UK economy will grow much more slowly than expected in the next two years as inflation takes longer to fall, the government’s forecaster says. …

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