3 d. ago GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadowUK economy far exceeds forecasts to grow 0.5%Business live – latest updatesEarlier this year Rachel Reeves was being written off for having jeopardised Britain’s economy. The chancellor’s tax-raising autumn budget had sapped business investment, spooked the financial markets and put the jobs market at risk.The latest official figures showing stronger-than-expected economic growth of 0.5% in February will therefore come as a boost for the embattled chancellor, in a sign that the economy was in better health than her critics claimed. Continue reading...

Politics

3 d. ago UK economy surges 0.5% in February in surprise boost for Rachel Reeves

However, City economists warned that the spurt could be short-lived as the impact of higher tariffs and business taxes kick in

Politics

3 d. ago UK economy surges 0.5% in February in major boost for Rachel Reeves

The surprise growth was driven by a big bounce back in industrial output, which was up by 1.5%

Politics

3 d. ago UK economy grew by 0.5% in February in boost to Rachel Reeves

The UK economy grew by 0.5 per cent in February in a boost to Labour following several months of almost flatlining, with the Office for National Statistics pointing to “widespread growth” across multiple sectors.

Politics

3 d. ago UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.Reversing a modest fall in January of 0.1%, the increase in gross domestic product in February was five times larger than the 0.1% growth that a poll of City economists had forecast. Continue reading...

Politics

2 w. ago Business News: Travelodge and Next announce cash boost as Morrisons sales jump against backdrop of job cuts

Watch today’s business stories in under two minutes.

Economics

2 w. ago Spring statement in full: Watch Rachel Reeves announce benefits cuts and £2.2bn defence boost

Watch as Rachel Reeves delivers her spring statement on the state of the UK economy on Wednesday, 26 March.

Economics

2 w. ago Rachel Reeves has given John Swinney another boost in his bid to win the Holyrood election

Daily Record Political Editor Paul Hutcheon says the Chancellor's self-imposed fiscal rules are harming Scottish Labour's chances of winning next year.

Politics

2 w. ago Spring statement livestream: Rachel Reeves announces deeper benefits cuts and £2.2bn defence boost

Watch live as Rachel Reeves delivers her spring statement on the state of the UK economy on Wednesday, 26 March.

Economics

2 w. ago Odds of Bank of England interest rate cut strengthen after inflation falls to 2.8%

Bigger-than-forecast decline in annual rate in February is positive news for Rachel ReevesBusiness live – latest updatesThe odds of the Bank of England cutting interest rates in May have been strengthened after inflation cooled by more than forecast last month.In a boost for Rachel Reeves on the day of the chancellor’s spring statement, the Office for National Statistics said inflation as measured by the consumer prices index eased to 2.8% in February from 3% in January. Continue reading...

Economics

2 w. ago FTSE 100 Live 26 March: Inflation boost ahead of Chancellor statement, Ocado surges

Chancellor Rachel Reeves is set to announce welfare cuts and a boost to defence spending when she delivers a statement to parliament today.

Economics

2 w. ago FTSE 100 Live 26 March: Inflation cheer ahead of Chancellor statement, Vistry halts dividend

Chancellor Rachel Reeves is set to announce welfare cuts and a boost to defence spending when she delivers a statement to parliament today.

Economics

2 w. ago Budget 2025 latest: Inflation boost for Rachel Reeves ahead of spring statement

The chancellor is under pressure to deliver in her spring statement

Economics

2 w. ago UK inflation falls by more than anticipated, in a boost to the government ahead of a key statement

Official figures show price rises in the U.K. moderated by more than anticipated in February, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances

Politics

2 w. ago UK economy receives welcome boost ahead of Rachel Reeves' Spring Statement as inflation falls to 2.8%

The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National Statistics (ONS) said

Economics

2 w. ago Budget 2025 latest: Inflation drop brings boost for Rachel Reeves ahead of spring statement

The Chancellor of the Exchequer is under pressure to deliver in her spring statement

Economics

2 w. ago Inflation falls to 2.8% in boost for Rachel Reeves ahead of spring statement

The chancellor is set to deliver her spring statement later on Wednesday

Economics

2 w. ago Brits' hopes of interest rate cuts are boosted as inflation eases to 2.8%

UK inflation eased by more than expected last month to 2.8 per cent, new official figures show, delivering a boost to Chancellor Rachel Reeves ahead of her spring statement.

Economics

2 w. ago Chancellor's £2bn housebuilding boost welcomed as charities urge for majority to be social homes

The investment is aimed at helping to fulfil the Government’s pledge to build 1.5 million new homes over the next five years.

Society

3 w. ago Major social and affordable housing boost announced by Rachel Reeves and Angela Rayner

Chancellor Rachel Reeves billed the investment as the 'biggest boost in social and affordable housebuilding in a generation' as she visited a housing site with Angela Rayner

Politics