15 h. ago London suffers worst unemployment rate in UK as Chancellor admits 'more to do' on jobs

Some 6% of Londoners are unemployed while one in five are classed as economically inactive, according to the latest statistics

Politics

17 h. ago I'm shocked by the sneaky trick the banks are pulling... you must act NOW to rescue your hard

Savings providers were quick off the mark to cut interest rates following last week's Bank of England base rate cut from 4.25pc to 4pc. Within hours of the announcement, top rates disappeared.

Events

17 h. ago Oasis's UK tour will inject at least £1.1BILLION into the UK economy

Oasis's 17-gig sell-out tour is set to net Britain more than a £1billion. But the mania has prompted a massive surge in hotel prices, which could lead to an inflation heachache for the Bank of England.

Economics

17 h. ago Unemployment soars by 200,000 under Labour with as firms blame national insurance hike

The jobless total stood at 1.67 million in the three months to June this year, the highest since the pandemic, according to the Office for National Statistics (ONS).

Politics

21 h. ago Britain's wage rate stagnates and job market cools down as inflation rises

The rate of UK unemployment remained at 4.7 per cent  in the three months to June, compared with the three months to May, the Office for National Statistics said.

Economics

47 h. ago Phillipson ready to ‘redouble efforts’ to cut down on absent pupils

The Education Secretary wrote in The Daily Telegraph that tackling classroom absences was a ‘top priority’.

Politics

53 h. ago Jobs market cools further over economic concerns and rising costs

Figures showed growth in starting salaries also slowed to its lowest level for more than four years as firms tightened their recruitment budgets.

Economics

3 d. ago A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower

Politics

4 d. ago BoE economist: Interest rates may not fall as much as forecast as prices rise

Interest rates may not fall as quickly or as steeply as expected, Bank of England economist Huw Pill has warned on amid signs of resurgent inflation.

Economics

4 d. ago Risk of ‘persistent inflation’ could affect rate cuts, says Bank economist

Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent months.

Economics

4 d. ago Bank of England rate: mortgage relief as Bank of England cuts rate to 4%

Homeowners could see welcome savings on repayments, but savers may need to act fast 📉

Economics

4 d. ago Sainsbury's, Tesco, Asda and Morrisons shoppers 'set to lose £290 before end of 2025'

Supermarket shoppers for the likes of Sainsbury's, Tesco, Asda and Morrisons are set to fork out an additional £290 on their grocery bills as the Bank of England forecasts food cost inflation

Economics

5 d. ago Rachel Reeves' NI tax raid is pushing up the price of food and it could get worse in the autumn, experts warn

Rachel Reeves' tax raid on businesses is hitting households at the supermarket till, the Bank of England said.

Events

5 d. ago Bank interest rates slashed despite Brits' food bills reaching £100 per week

The Bank of England's interest rate cut decision could add around £290 to the average family's annual food bill

Economics

5 d. ago Soaring numbers of children skipping classes risks leaving 180,000 youngsters on the jobs scrapheap, think tank warns

The Centre for Social Justice (CSJ) said that, without intervention, the high rates of children bunking off school will translate into joblessness.

Events

5 d. ago Fact check: Bank has held rates four out of nine times since Labour took power

The Bank of England Monetary Policy Committee held interest rates unchanged at several of its meetings since last year’s general election.

Politics

5 d. ago Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Politics

5 d. ago Bank lowers UK interest rates but warns ‘uncertainty’ about future cuts

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Events

5 d. ago Bank of England under pressure to slow £586bn QT push to ease long

Its historic, knife-edge decision to cut interest rates captured headlines on Thursday, but the Bank of England could be about to make a far more consequential decision.

Economics

5 d. ago What the Bank of England interest rate cut to 4% means for your mortgage and savings

We explain what the Bank of England's decision to cut rates means for your money - and whether rates will be cut again soon.

Economics