UK faces ‘acute challenge’ from weak growth and shrinking workforce, says Andrew Bailey
Bank of England governor tells Jackson Hole summit that ageing population is adding to the squeeze Britain faces an “acute challenge” from its weak underlying economic growth and a drop in the number of workers since the pandemic, according to the Bank of England governor, Andrew Bailey. A
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Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks
Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank Business live – latest updates Donald Trump’s assault on the independence of the US Federal Reserve has been backed by Liz Truss, the shortest-serving British prime minister in history, who was ousted after a
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How can the UK avoid trouble in the gilts market? | Sushil Wadhwani
The government needs bold policies in the autumn budget that will change the narrative without startling the markets Assume that Rip Van Winkle had gone to sleep on the eve of the US election on 4 November 2024 and had woken up on 1 September 2025 and was
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UK inflation rises by more than expected to 3.8% amid higher food prices
Annual July rate all but rules out possibility of a further Bank of England interest rate cut this year Rail fares in England expected to rise by 5.8% next year Business live – latest updates UK inflation rose again last month to a higher-than-expected 3.8% amid higher food
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UK inflation holds steady at 3.8% as fuel prices offset falling air fares
Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising prices Business live – updates UK inflation held steady in August, official figures show, maintaining pressure on households as the Bank of England prepares to keep borrowing costs at elevated levels.
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Labour must rethink growth strategy to curb rise of far right, says top economist
Former Bank chief economist Andy Haldane says left-behind communities need investment to stem populist tide Defeating far-right populism will require Labour to radically overhaul its “arid” approach to raising living standards in left-behind communities, the former Bank of England chief economist has said. Andy Haldane warned that Labour’s
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UK businesses cut jobs at fastest pace in four years over summer, Bank of England finds
Companies say increase in employer national insurance contributions has forced them to cut jobs and raise prices UK businesses cut jobs at the fastest pace in four years over the summer, according to a Bank of England survey highlighting the impact from tax rises on employers. The monthly
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Local tech ready for take-off as 14 projects supporting businesses and jobs unveiled
Communities set to benefit from better jobs and more opportunities in tech as 14 government-backed projects to support local tech sectors across the UK are unveiled. HM GovernmentSource
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Extra funding for courts to deliver speedier justice for victims
Victims will get faster justice thanks to the courts sitting for a record number of days, the Deputy Prime Minister will announce in a speech today at the opening of the legal year (Wednesday 1 October). HM GovernmentSource
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The United Kingdom is fully committed to supporting efforts to address insecurity in Haiti: UK Explanation of Vote at the UN Security Council
UK Explanation of Vote delivered by Ambassador James Kariuki, UK Deputy Permanent Representative to the UN, following the UN Security Council vote on the Gang Suppression Force and UN Support Office in Haiti. HM GovernmentSource
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