3 h. ago Economy shrinks by 0.1% following Rachel Reeves brutal Budget turmoil – what it means for YOUR money

THE economy slumped by 0.1% in October, in a blow for Rachel Reeves after the Budget. The latest figures from the Office for National Statistics (ONS) reveal Gross Domestic Product (GDP) is estimated to have shrunk by 0.1% in October. This follows 0.1% growth in September and no growth in August. The ONS said that...

Economics

7 d. ago Price of popular pint to rise in pubs as brewer blames Reeves’ brutal Budget increases

DRINKERS will feel the pinch as the price of a popular pint is set to shoot up across the country in months. The cost of a pint of Asahi will increase next year due to rising costs, alcohol duty and changes to Government legislation. Dhati Holohan, Asahi UK sales director, told the Morning Advertiser she...

Economics

1 week ago 'I was going to go easy on her... then she opened her mouth': DAN HODGES sits down with Kemi Badenoch as she reveals truth about her brutal Budget putdown

It's 48 hours since the Budget. But Kemi Badenoch is still steaming at Rachel Reeves.

Politics

1 week ago UK High Streets facing £3billion Christmas blow after Rachel Reeves' brutal budget

The impact of Rachel Reeves' recent budget is set to cost British high streets around £3billion in lost Christmas spending as people cut back on their festive funds

Economics

2 w. ago Financial markets in turmoil as Budget leak fiasco sends pound and gilts on rollercoaster ride

The pound and UK bonds swung wildly after a key Budget document was leaked ahead of Chancellor Rachel Reeves' speech.

Economics

2 w. ago Borrowing costs rise as bond markets brace for Budget turmoil

The cost of government borrowing rose amid fears the Chancellor will not take the tough decisions required to put Britain's creaking finances on a stable footing.

Economics

3 w. ago Sadiq Khan eyes up £200MILLION windfall as Rachel Reeves prepares to approve 'tourist tax' in Budget

Chancellor Rachel Reeves is expected to give the go-ahead for mayors in England to impose the charges, adding costs to stays at hotels and bed and breakfasts.

Economics

3 w. ago Death by a thousand taxes: Reeves set to punish milkshake lovers and holidaymakers with £500m 'tourist tax' in brutal Budget

Chancellor Rachel Reeves is expected to signal that the so-called 'Sugar Tax' will be toughened up, removing the existing exemption for around 200 milk drinks.

Economics

3 w. ago Millions of workers, savers and pensioners face brutal assault in Budget with Reeves poised for 'stealth' raids after ditching 'up

Chancellor Rachel Reeves looks set to keep the long-running freeze on thresholds in place for another two years, despite humiliatingly dropping plans to increase income tax.

Economics

3 w. ago This is how much more your favourite drink will cost if Rachel Reeves hikes booze tax in Budget

Bad news for cash-strapped boozers as the prices of drinks is set to take a hike from February after Reeves' brutal Budget, with a bottle of whisky planned to increase by 50p

Economics

4 w. ago Now Labour is coming for your bike! Rachel Reeves 'will cap spending on Cycle to Work scheme' in brutal Budget

The Chancellor is reportedly poised to introduce a new cap on how much people can spend on a bicycle through the salary sacrifice scheme.

Economics

4 w. ago UK exports to US hit lowest level since January 2022 as tariffs bite – business live

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks in SeptemberChancellor Rachel Reeves is harking back to the happier days of stronger growth in the first two quarters of this year.Responding to this morning’s GDP figures, Reeves says:“We had the fastest-growing economy in the G7 in the first half of the year, but there’s more to do to build an economy that works for working people.At my Budget later this month, I will take the fair decisions to build a strong economy that helps us to continue to cut waiting lists, cut the national debt and cut the cost of living.” Continue reading...

Economics

last month Borrowing costs spike higher as Labour turmoil rattles bond markets

The yield on UK gilts edged up as international investors demanded a higher rate of return for lending to the government.

Economics