Labour’s economic strategy is outdated.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
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Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’
Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in US The Bank of England should use its meeting next month to cut interest rates by at least half a percentage point to 4% in response to the financial turmoil
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UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push Business live – latest updates The UK economy contracted by 0.1% in January, dealing a blow to Rachel Reeves before
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Top City watchdogs drop new diversity and inclusion rules for firms
FCA and Bank of England’s PRA join retreat from efforts to help underrepresented groups, citing ‘regulatory burdens’ Peers working for City firms dominate Lords scrutiny panel FCA scraps plan to ‘name and shame’ UK firms under investigation Business live – latest updates The City’s top two regulators have
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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
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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
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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
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Coalition of the Willing: Joint UK-France statement following 10 April meeting
A statement from Defence Secretary John Healey MP and Defence Minister Sébastien Lecornu following the meeting of the Coalition of the Willing on 10 April 2025. HM GovernmentSource
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The UK remains steadfast in our commitment to gender equality, human rights and the Sustainable Development Goals: UK statement at the 58th session of the Commission on Population and Development
Explanation of position by Tara Soomro, UK Ambassador to ECOSOC, at CPD58. HM GovernmentSource
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PM statement on British Steel: 11 April 2025
Prime Minister Keir Starmer's statement on British Steel. HM GovernmentSource
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