19 h. ago UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay

Heidi Alexander vows to ‘sort out’ HS2 project; UK inflation dips to 3.4% as transport costs ease while food prices jumpUK inflation eases to 3.4% amid falling fuel and air fare pricesInflation pressures remain sticky in the UK, according to Rob Wood, chief UK economist at Pantheon Macroeconomics.Looking ahead, we continue to expect CPI inflation to average 3.4% for the rest of the year as strong wage growth, minimum wage hikes and tax increases pass through to retail prices. We think headline inflation will struggle to dip below 3% before April 2026. By that point, inflation will have been above target almost continuously for five years, risking further deanchoring of inflation expectations and persistent wage pressure.Granted, US president Trump’s trade war could lead to some diversion of Chinese exports previously bound to the US, which could cut UK inflation. But war in the Middle-East has boosted oil and natural gas prices, adding 10bp to our forecast inflation peak and risks p...

Politics

19 h. ago UK politics live: Rayner says £1m a day was wasted under Tories’ failed immigration plans in fiery PMQs clash

Transport secretary Heidi Alexander accused the Tories of an ‘appalling mess’ over the delayed rail project

Politics

19 h. ago HS2 rail line branded an 'appalling mess' and its opening is delayed past 2033 as focus switches to saving money after costs rose by £37BILLION

Heidi Alexander branded the building of a new line linking London, Birmingham and the North an 'appalling mess' and told MPs she saw 'no route' to getting trains running by 2033.

Economics

20 h. ago UK politics live: Rayner and Philp in fiery PMQs clash as Tories accused of ‘losing control’ of immigration

Transport secretary Heidi Alexander will accuse the Tories of an ‘appalling mess’ over the delayed rail project

Politics

21 h. ago UK politics live: Angela Rayner to face Chris Philp in PMQs clash after Labour attacks Tories over HS2 failings

Transport secretary Heidi Alexander will accuse the Tories of an ‘appalling mess’ over the delayed rail project

Events

22 h. ago UK politics live: Labour attacks Tories over ‘appalling mess’ of HS2 with billions wasted and delays past 2033

Transport secretary Heidi Alexander will also address allegations of fraud by contractors

Politics

9 d. ago Pension savers underestimate cost of a comfortable retirement by £410,000

Figures suggest Britons radically underestimate how much money they will need in pension income each year to enjoy a comfortable retirement.

Economics