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Why Britain’s saving addiction has cast a shadow over Starmer’s growth hopes

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This has helped to explain Britain’s weak economic recovery since the pandemic,...
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Thames Water admits it could run out of cash by December

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A source close to the company confirmed on Thursday evening that Thames...
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Fresh hopes of smaller tax rises after Reeves handed £10bn of Budget headroom

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A previous agreement struck by the Treasury means it must make the...
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Bank of England votes to keep interest rates at 5% due to ‘stubborn’ inflation

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The Bank of England has voted to keep the base rate at five per cent in a blow to borrowers, particularly those with mortgage...
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Spending cuts or £40bn tax rises needed every decade to break ‘debt spiral’, warns OBR

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David Miles, a member of the OBR’s executive committee, warned that Britain’s...
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Relief for homeowners as Bank of England given ‘green light’ for more interest rate cuts

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The Bank of England has received a "green light" for potential interest rate cuts, following the release of recent wage figures.This development could bring...
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Why Britain’s debt timebomb threatens to force taxes higher

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The Lords want a tougher rule that sets a debt target for...
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Mario Draghi’s plan to fix a broken Europe already looks impossible

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“The leading firms in research and investment-spending are the same ones we had 20 years ago ― cars,” he said. "The United States used...
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Germany’s Lindner rejects Draghi’s common borrowing proposal

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"Germany will not agree to this," Lindner said. In his much-anticipated report, Draghi said the EU needed to invest a further €800 billion each year...
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HMRC urged to launch tax clamp down on small businesses to ‘raise significant sums’

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HM Revenue and Customs (HMRC) is being urged to go after small businesses to "raise significant sums" in tax which is not being declared.Figures...
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Thames Water says bills must rise by more than £200 a year

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Proposals for a £205-a-year increase in bills are higher than the previous...
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Jobs tax looms after £5bn borrowing surge

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Rachel Reeves has begun laying the groundwork for a tax raid on...
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