Rachel Reeves faces £1.3bn ‘triple lock’ headache
Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.
Besieged Reeves boosted by interest rate cut but hit by downgraded economic growth expectations
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
Rachel Reeves and Ed Miliband have crushed growth - now it's Angela Rayner's turn
Talk about being trapped between a rock and a hard place. That's the fate of the Bank of England (BoE), thanks to Chancellor ...
Rachel Reeves urged to spare pensioners as fears grow millions more will face tax bomb
Campaigners are pleading with Chancellor Rachel Reeves to axe a policy which will force millions more pensioners to pay ...
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PM holds 'crisis summit' after Bank of England warning over 'Stagflation' - and fears grow over further tax hikes
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special meeting with ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Rachel Reeves to drive up supermarket sandwich prices
Supermarket sandwiches are to get more expensive in the wake of Rachel Reeves’s Budget after the UK’s biggest manufacturer ...
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Reeves backs Heathrow expansion saying third runway is 'badly needed'
The chancellor says the airport is at "the heart of the UK's openness as a country" and a third runway could lead to 100,000 ...