3 h. ago Clock is ticking for 'Lettuce 2.0' Rachel Reeves after economy shrunk in January

Rachel Reeves' economic growth plans are at risk following confirmation that GDP contracted by 0.1%, after most economists predicted a 0.1% growth

Politics

11 h. ago HUGO DUNCAN: The chickens are coming home to roost as Rachel Reeves blames world events for Britain's economic woes

The latest decline in the UK economy - output fell 0.1 per cent in January - is the result of the Chancellor's disastrous anti-business growth-sapping Budget, writes HUGO DUNCAN.

Economics

13 h. ago Shrinking economy offers unhelpful backdrop for Rachel Reeves’s growth push

GDP goes in wrong direction as chancellor puts final touches to fiscal plansUK economy shrinks unexpectedly in blow to ReevesFor a government that has made growth its overriding mission, the 0.1% decline in GDP in January signalled by the Office for National Statistics will be depressing news.As Rachel Reeves prepares to announce her spring statement on 26 March, the economy appears to be going in the wrong direction – underlining the fact that the Office for Budget Responsibility is likely to have presented her with notably weaker forecasts than in October. Continue reading...

Politics

13 h. ago Chancellor ‘determined to turn around’ economy amid surprise fall in GDP

Figures revealed a surprise contraction in the economy in January, in a blow to Rachel Reeves ahead of her spring statement.

Politics

14 h. ago Is the UK on the brink of a recession? This business bulletin explains why that might be the case

Watch the biggest business stories making the headlines today - in less than two minutes.

Economics

15 h. ago UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

Politics

9 d. ago Rachel Reeves 'plans to slash £5bn' from welfare as she scrambles to find more room for defence spending

Chancellor Rachel Reeves is set to present the Treasury watchdog with draft proposals for trimming the government's outlay - said to include up to £5billion from welfare.

Economics

9 d. ago Rachel Reeves scrambles to find more room for defence spending with plan to slash '£5bn' from welfare in Spring Statement

Chancellor Rachel Reeves is set to present the Treasury watchdog with draft proposals for trimming the government's outlay - said to include up to £5billion from welfare.

Economics

3 w. ago Tax rise fears grow as 'High Street woes start to hit public finances' in new blow to Rachel Reeves

Firms are warning they are having to cut jobs after being hit with higher National Insurance bills

Economics