5 h. ago US urged UK to offer a better deal on drug pricing to pharma companies

Ambassador’s meeting with chancellor Rachel Reeves came days before AstraZeneca and Merck shelved projects in Britain

Economics

17 h. ago Labour's growth pledge lies in tatters and I fear there is worse to come, says HUGO DUNCAN

Keir Starmer and Rachel Reeves promised to make Britain the fastest-growing economy in the G7. But there was no growth at all in July. The economy is flatlining.

Politics

7 d. ago Rachel Reeves among the few survivors of Keir Starmer's brutal Cabinet purge despite Britain's stalling economy and mounting threat of debt crisis

After being forced into action by Angela Rayner 's resignation as Deputy Prime Minister over her tax row, Sir Keir carried out a frantic reshuffle of his administration.

Events

7 d. ago Will Rachel Reeves be the ONLY survivor of Keir Starmer's brutal Cabinet purge despite Britain's stalling economy and mounting threat of a debt crisis?

After being forced into action by Angela Rayner 's resignation as Deputy Prime Minister over her tax row, Sir Keir carried out a frantic reshuffle of his administration.

Events

8 d. ago Head of Britain's trade union movement urges Rachel Reeves to set up new wealth tax to boost services

Paul Nowak called on the Chancellor to look at hitting those worth more than £10 million with fresh levies while hiking capital gains tax - insisting this would not lead to an exodus of the wealthy.

Economics

8 d. ago Pub 'regular' at risk of dying out as Brits can't afford to visit their local

The Campaign for Real Ale, which surveyed 833 pub regulars from across Britain, blamed the decline on Chancellor Rachel Reeves' tax hikes

Events

9 d. ago Rachel Reeves opts for late Budget as she admits Britain’s economy ‘not working’

Rachel Reeves has come under pressure after soaring borrowing costs reach 27-year highs

Economics

1 week ago Pressure rises on Reeves as government borrowing costs hit 27

Chancellor will face more limited fiscal headroom at budget after yield on 30-year bond increases to 5.68%Business live – latest updatesReshuffle gymnastics prepare Starmer to walk tricky budget tightropeBritain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before the autumn budget.The yield, or interest rate, on 30-year UK government debt hit 5.714% on Tuesday. That is its highest level since 1998, indicating that it will cost the UK more to borrow from the markets, above the previous 27-year high of 5.649% set in April. Continue reading...

Events

1 week ago Voices: Rachel Reeves: My mission to make life easier for working parents

As Labour introduces 30 hours of free childcare a week for children as young as nine months old, the chancellor Rachel Reeves explains how the government plans to help Britain’s squeezed working families

Events

2 w. ago Stop 'taxing everything and start investing in Britain', Asda boss tells Rachel Reeves

Allan Leighton has warned that the government needs to change the way it thinks about growth in order to avoid a stagnating economy.

Economics

3 w. ago Rachel Reeves is under fire as Britain's borrowing costs hit highest level in 27 years

Yields on government bonds - known as gilts - have surged in recent days amid investor jitters over the Chancellor's plans, as well as rising inflation .

Events

3 w. ago SARAH VINE: Rachel Reeves' property tax is the latest proof of Labour's nasty and disturbing vision for Britain. They despise hard

Owning represents security. I look at friends who are struggling financially in a cruel and challenging job market, and I think: however bad it may be, at least they've got somewhere to live.

Politics