UK (Parliament Politics Magazine) – Britain’s annual borrowing surged past predictions by £15bn, sparking fears of tax rises and deeper cuts to meet Chancellor Rachel Reeves’s fiscal rules. As reported by Sky News, official figures reveal government borrowing exceeded estimates by nearly
UK (Parliament Politics Magazine) – UK inflation fell to 2.6% in March, adding pressure on the Bank of England to cut rates amid weak demand and global trade uncertainty. As reported by The Guardian, a drop in UK inflation to 2.6% has
UK (Parliament Politics Magazine) – UK payrolls fell by 78,000 in March, showing a slowdown, but wages continue to rise and unemployment remains steady at 4.4% despite global economic pressures. As reported by The Guardian, Britain’s company payrolls saw their fastest decline
UK (Parliament Politics Magazine) – ICAEW survey reveals UK business confidence falls to 2-year low, hit by tax hikes and US tariffs, raising concerns over sales and economic outlook. As reported by The Guardian, a recent survey shows that business confidence in
UK (Parliament Politics Magazine) – Bank of England warns Trump’s tariffs risk global shocks and recession, warning of severe financial shocks and slower economic growth. As reported by The Telegraph, the Bank of England says Trump’s trade war increases global vulnerability to
UK (Parliament Politics Magazine) – Halifax reveals that UK house prices fell by 0.5% in March, the largest fall in a year, as demand normalized after a rush to beat stamp duty changes. As reported by The Guardian, the UK housing market
The NFU has responded to the news of 10% tariffs on UK exports to the US, calling the increase a challenge for the UK and for agriculture, with the US remaining the largest market for British agri-food products outside of the European
UK (Parliament Politics Magazine) – UK inflation dropped to 2.8% in February, boosting Chancellor Rachel Reeves ahead of her spring statement, but food and energy costs remain a concern. As reported by The Guardian, the latest data shows UK inflation at 2.8%,
UK (Parliament Politics Magazine) – UK pay growth remains high at 5.8%, maintaining pressure on the Bank of England to avoid interest rate cuts amid concerns over inflation and economic stability. As reported by The Guardian, the official data shows that pay
UK (Parliament Politics Magazine) – The National Institute of Economic and Social Research reports Britain’s economy has dropped in global affluence rankings due to stagnant wages and welfare cuts. The latest report revealed that years of stagnant incomes and welfare cuts have
