Chancellor backs jobs boost in Scottish defence and energy sectors
Chancellor Rachel Reeves will outline how the Spending Review will give Scotland a jobs boost, as she visits RAF Lossiemouth and St Fergus Gas Plant today (1 August). HM GovernmentSource
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Knife robberies fall under dedicated new taskforce
Communities hit hardest by knife crime see a drop in offences and more weapons removed from the streets. HM GovernmentSource
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What quintessentially British images should go on the new banknotes? Our panel has some ideas | Athena Kugblenu and others
The Bank of England is redesigning money with new themes. So how about Lincoln Cathedral, the London Marathon … or wheelie bins? Continue reading… Athena Kugblenu, David Reynolds, Coco Khan, Connor Myers and Henry BonsuSource
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Free speech rules to protect academic freedom come into force
New legal duties on universities and colleges come into force, as government delivers Plan for Change to restore integrity of higher education. HM GovernmentSource
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Fall in UK GDP puts focus back on expectations of tax rises in autumn budget
Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering UK economy shrinks unexpectedly in blow to Reeves Business live – latest updates May’s unexpected 0.1% decline in GDP will make depressing reading for Rachel Reeves before a tough budget in
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Rachel Reeves to try to reassure City investors after unexpected UK GDP fall
Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performance Analysis: Fall in UK GDP puts focus back on expectations of tax rises in autumn budget Rachel Reeves will attempt to shrug off the UK’s anaemic economic performance at her Mansion House speech
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UK economy shrinks unexpectedly by 0.1% in blow to Rachel Reeves
May’s fall in GDP fuelled by sharp declines in manufacturing and construction Business live – latest updates Britain’s economy unexpectedly shrank in May, fuelled by sharp declines in manufacturing and construction, in a blow for chancellor Rachel Reeves. The Office for National Statistics said gross domestic product fell
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UK unemployment rises and wage growth slows as jobs market ‘weakens’
ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%. Analysis: the UK jobs market is cooling, not collapsing Business live – updates Unemployment climbed and wage growth slowed in the three months to May, according to official
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Pound drops after Bank of England says it could further cut interest rates if jobs market slows
‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey Business live – latest updates The pound dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows
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Pound drops after Bank of England says it could cut interest rates more if jobs market slows
‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey Business live – latest updates The pound dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows
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