1 hour ago Rachel Reeves is accused of 'living under a rock' as economic growth slows to just 0.3%

Output grew only 0.3 per cent between April and June - a sharp slowdown on the previous three-month period when the economy expanded by 0.7 per cent.

Economics

11 h. ago Voices: So the economy isn’t shrinking but when will we feel any benefit, chancellor?

A 0.3 per cent rise in GDP is an unexpected filip for Rachel Reeves at the end of her first year in charge of the British economy, which is now the strongest in the G7 – but it could be bad news for those hoping to get a new mortgage, says James Moore

Politics

16 h. ago Business news live: UK economy growth slows as leaders demand ‘no more business taxes in Autumn budget’

Stock market news and latest business and finance updates from Wednesday

Economics

16 h. ago Britain braces for another tax bomb amid warnings UK economy is 'flashing red' as growth slows to 0.3 per cent while Rachel Reeves faces a £50bn black hole

The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.

Events

17 h. ago Britain braces for another Reeves tax bomb as economic growth slows AGAIN to just 0.3% between April and June

The Office for National Statistics ( ONS ) said gross domestic product (GDP) grew by 0.3 per cent between April and June this year.

Economics

17 h. ago UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion last monthThe UK economy grew at a faster rate than expected in the second quarter, official figures show, despite pressure on households and businesses from tax increased and Donald Trump’s global trade war.Figures from the Office for National Statistics showed growth in gross domestic product (GDP) slowed to 0.3% in the three months to the end of June, down from a rate of 0.7% in the first quarter. Continue reading...

Politics

18 h. ago UK economic growth slows amid pressure on business and Trump trade war

UK economic growth slowed to 0.3% between April and June, according to the Office for National Statistics.

Economics

25 h. ago Inheritance tax will apply to pension pots... even if workers die before retirement as Rachel Reeves tries to fill financial black hole

The Chancellor announced last year that retirement savings will be subject to the levy from April 2027.

Economics

38 h. ago Surge in global oil production will meet slowing demand growth, warns IEA

Paris-based energy advisory body makes fifth consecutive monthly cut to demand outlook

Events

40 h. ago 'Politics of envy': Fury as Labour opens the door to an inheritance tax raid on Middle England as ministers fail to deny push to end tax

Dame Diana Johnson, the policing minister, failed to rule out changes to the so-called 'death tax' this autumn amid growing concerns about the state of the public finances.

Politics

47 h. ago China’s crackdown on lavish civil servant perks will ‘harm’ the economy, experts warn

Updated regulations ban the country’s 40 million civil servants from lavish banquets, and restrict them from overseas travel for ‘personal leisure’Adjacent to a municipal government building in Beijing, a normally bustling restaurant is now eerily quiet, at lunchtime most of its seats are empty.The recent crackdown on civil servants frequenting restaurants – part of a government austerity drive intended to crack down on corruption – has likely affected business and caused liquor sales to plummet, admits one waitress who works in the opulent establishment. Continue reading...

Events

50 h. ago ANDREW GRIFFITH: Almost four million people are signed off with no requirement to find a job. That's not fair on all the hard

If you ever wanted to know what the warning lights flashing red on the economy look like: this is it. Unemployment up for the tenth month in a row.

Society

2 d. ago Hundreds of pupils left 'with nowhere to study' after historic £23k

Governors said Chancellor Rachel Reeves 's 20 per cent levy, as well as increases in employer national insurance contributions were the final nails in the coffin for the 160-year-old institution.

Economics

3 d. ago Flashing mouthgards for concussion to be introduced at Women’s Rugby World Cup

LEDs will flash red for potentially concussive impacts‘It will create awareness,’ World Rugby saysRugby union is to introduce flashing LED mouthguards that light up when a player suffers a significant head impact during a match. The mouthguard will flash red if the impact is severe enough to potentially cause a concussion. The referee will then stop play and the player will go off for a head injury assessment.Dr Lindsay Starling, a science and medical manager at World Rugby, said the new system would debut at the Women’s Rugby World Cup, which begins next week, before being rolled out across the men’s and women’s elite game. “Match officials and players will be able to see that this player has sustained a big head impact because their mouth guard is flashing red,” she said. “And it will create awareness about head injuries and concussions in the stands and for fans at home, being able to see it on TV.” Continue reading...

Politics

3 d. ago Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

Trump’s trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputterThe ever-bombastic Donald Trump has boasted repeatedly of his trade victories, while White House news releases trumpet his “historic trade wins”. The Wall Street Journal echoed Trump’s triumphalism with a headline saying, “Trump is Winning His Trade War”, and last week the New York Times used the exact same words in a headline. That must have been music to the president’s ears.Forgive me for being a spoilsport, but I don’t see where the victory is or how Trump is winning. I keep reading how Trump’s trade war and tariff machinations have pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter.Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading...

Politics

4 d. 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

4 d. ago Embattled Rachel Reeves urges public to be patient with Labour on rescuing economy

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter

Events

4 d. ago Weather map reveals where will hit 30C heat tomorrow as Britain braces for fourth heatwave of the year

Families across the country are getting ready to head to the beaches and parks to soak in the sun as temperatures look set to soar in many parts of the UK.

Society

5 d. ago Britain braced for anarchy: Palestine Action plot to overwhelm police in London as tinderbox migrant protests in Nuneaton, Bristol and more threaten chaos

Britain braced for anarchy: Palestine Action plot to overwhelm police in London as tinderbox migrant protests in Nuneaton, Bristol and more threaten chaos  Daily Mail

Events

6 d. ago Labour lays the ground for September tax bombshell as Rachel Reeves looks to fill £50billion black hole in nation's finances

Labour is laying the ground for tax reforms this autumn that could spell misery for millions.

Economics