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UK economy

Budget blamed as retail sales slump – latest updates

Retail sales slumped last month, official figures show, as shoppers held back...

‘Reeves will raid your wallet AGAIN as new tax bombshell is all but confirmed’

On October 30, chancellor Rachel Reeves hit the UK economy with £40billion worth of taxes, and an extra £31.5billion worth of borrowing.In doing so,...

Homeowners face £500 hit after Reeves drives up inflation

Andrew Wishart, economist at Berenberg Bank, predicts that sustained inflation and pay...

Why Reeves’s ‘confidence-shattering’ Budget risks a spike in inflation

Darren Jones, chief secretary to the Treasury, has claimed that last month’s...

Inflation surges back above 2pc target – latest updates

Inflation has surged back above the Bank of England’s 2pc target after...

‘People are p—-d off’: How retail chiefs turned on Rachel Reeves

Sainsbury’s has said it was facing a £140m annual hit from the...

Retailers hit out at ‘sheer scale’ of Reeves’s tax hike

Dozens of Britain’s biggest retailers have warned Rachel Reeves that her plans...

‘Bad news Monday – energy bills UP, inflation UP, bus fares UP, homes DOWN’

I was scrolling through the business stories this morning and it was just one piece of bad news after another. This is becoming a...

Rachel Reeves’s promise to the City will come back to haunt her

In her letter to Andrew Bailey, Governor of the Bank of England,...

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