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Late data from one business means UK wage growth may need to be revised, says ONS

Caveat from statistics agency is latest sign of its problems collecting reliable economic data Britain’s main measure of wage growth may need to be revised after a large employer failed to supply earnings data on time, the country’s troubled statistics agency has warned. In the latest sign of

UK inflation falls to 2.8% in boost for Rachel Reeves before spring statement

Bigger-than-forecast decline in annual rate in February is positive news for chancellor in run-up to Commons address UK inflation has fallen back to 2.8%, giving Rachel Reeves some positive news before she makes her spring statement. The Office for National Statistics said annual inflation as measured by the

The Guardian view on Rachel Reeves’s spending cuts: a choice, not an economic necessity | Editorial

The spring statement casts austerity as unavoidable, but Labour is clinging to economic myths while ignoring the tools of power The chancellor’s spring statement arrives with the sombre tone of inevitability. Britain, we’re told, must tighten its belt. Welfare payments for the sick and disabled will be shrunk.

Labour’s economic strategy is outdated. I can fix that | Jagjit Chadha

The last thing we need from Wednesday’s spring statement are incremental changes to tax and spending. Let’s have a clear plan Jagjit Chadha is professor of economics at Cambridge University and a former academic adviser to HM Treasury, the Bank of England and the Treasury select committee Britain

Bank of England in no hurry on interest rates – but cuts will come

Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects Bank of England says companies freezing hiring plans as it keeps interest rates on hold Bank of England policymakers might be on a “go-slow” as they look forward to

Bank of England says companies freezing hiring plans as it keeps interest rates on hold

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions Business live latest updates The Bank of England has said UK businesses are freezing their hiring plans in response to Rachel Reeves’s tax increases and to mounting global uncertainty as it kept interest

UK pay growth remains high, making interest rate cut less likely

Unemployment was level in January, but has risen over the past six months Business live latest updates Pay growth remained high at 5.8% in the three months to January, according to official data, maintaining the pressure on Bank of England policymakers to keep interest rates elevated when they

Russia has acted to obfuscate and embolden the DPRK’s unlawful pursuit of weapons of mass destruction: UK statement at the UN Security Council

Statement by Ambassador James Kariuki, UK Deputy Permanent Representative to the UN, at the UN Security Council meeting on North Korea. HM GovernmentSource

Tech companies urged to join drive to cut crime

Top tech experts are meeting the Justice Secretary as part of a Government drive to use AI and technology to transform the justice system and cut crime. HM GovernmentSource

MHRA approves teprotumumab as the first UK treatment for adults with moderate to severe Thyroid Eye Disease (TED)

As with all products, the MHRA will keep its safety under close review. HM GovernmentSource

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