21 h. ago Trump’s tariffs expected to bring in $1 trillion less than expected – and that could drastically change his $2,000 check plan

Congressional Budget Office downgrades forecast on president’s levies on imported goods, casting fresh doubt on his pledge to send U.S. citizens a rebate

Politics

27 h. ago UK private sector growth slows due to business caution ahead of Budget

The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 50.5 in November, slipping from 52.2.

Economics

29 h. ago Retail sales fall unexpectedly in October amid Budget hit to consumer confidence

Official figures showed retail sales by volume fell 1.1% during October, following an upwardly revised increase of 0.7% in September.

Economics

3 d. ago FTSE 100 Live 19 November: Inflation dip fuels rate cut bets, WH Smith boss quits

Inflation fell to 3.6% last month as official figures today provided a pre-Budget boost for Rachel Reeves.

Economics

3 d. ago FTSE 100 Live 19 November: Inflation rate dips, WH Smith boss steps down

Inflation fell to 3.6% last month as official figures today provided a pre-Budget boost for Rachel Reeves.

Economics

7 d. ago Reeves to freeze thresholds after ditching planned income tax hike – reports

The Chancellor is understood to have U-turned after improved forecasting from the Office for Budget Responsibility.

Politics

7 d. ago Rachel Reeves has found £10bn to save herself from imposing unpopular tax hikes

Her about-turn comes after the Office for Budget Responsibility said the black hole in public finances is closer to £20 billion rather than the £30bn originally feared

Economics

7 d. ago Price rises set to cool in reprieve for households after September peak

Most economists think the rate of Consumer Prices Index (CPI) inflation will have fallen in October.

Politics

9 d. ago FTSE 100 Live 13 November: Index lower as Aviva, Rolls and Burberry report, GDP disappoints

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Politics

1 week ago Unemployment rate hits highest outside Covid years for almost a decade

Experts said the weaker-than-expected figures reinforce the case for the Bank of England to cut interest rates next month.

Events

2 w. ago 2p or not 2p? Rachel Reeves 'tells Budget watchdog she plans to break Labour's manifesto' as Chancellor mulls 'putting 2p on income tax while cutting 2p from National Insurance'

The Chancellor is said to have told the Office for Budget Responsibility (OBR) that a rise in personal taxation is one of the 'major measures' she is planning to announce.

Economics

2 w. ago Congressional Budget Office hacked by suspected foreign entity: report

The breach could expose sensitive government data and communications with House and Senate offices

Politics

2 w. ago Weaker forecasts will have ‘consequences’ at Budget, warns minister

John Healey insisted no decisions had been made on the final shape of the Budget to be delivered on November 26.

Events

3 w. ago Scrapping rates relief would be disaster for London's small businesses

Proposed reforms would punish occupiers of flexible shared workspaces -with potentially catastrophic consequences

Events

3 w. ago US could lose between $7bn and $14bn during shutdown, budget office says

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demandThe US is set to lose between $7bn and $14bn as a result of the ongoing federal government shutdown, according to the congressional budget office.On Wednesday, the nonpartisan federal agency released its estimates in a new report to the House budget committee as the government shutdown reaches four weeks. Continue reading...

Economics

3 w. ago Pound suffers further falls as UK’s fiscal troubles set to deepen

The UK’s independent fiscal watchdog has reportedly cut its productivity forecast, deepening the challenging facing the Chancellor.

Events

3 w. ago Housebuilders warn Labour will miss target of building 1.5m new homes in fresh Budget blow for Rachel Reeves

Developers are reported to have told the Office for Budget Responsibility (OBR) that its forecasts for economic growth from house building are too optimistic.

Events

3 w. ago UK can ‘defy’ gloomy forecasts despite productivity problems, says Chancellor

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

Politics

3 w. ago Fears grow over big tax rises in Budget as Rachel Reeves hit with £20 billion productivity blow

The Office for Budget Responsibility is set to downgrade its productivity forecasts by more than expected

Economics

3 w. ago Productivity bombshell leaves Brits facing BIGGER tax rises next month and 'blows a £20bn hole in Reeves' Budget'

The Office for Budget Responsibility (OBR) watchdog is reportedly poised to cut its trend productivity forecast by about 0.3 percentage points in its upcoming projections.

Economics