4 d. 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

4 d. ago US economy grows 3.3% in second quarter, government says, in second estimate of April

The U.S. economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump’s trade wars

Politics

2 w. ago ‘Luck running out’ for Swiss economy as growth slows ahead of US tariff hit

GDP only expanded by 0.1% in second quarter, adding to pressure on central bank to return to negative interest rates

Economics

2 w. ago Business news live: UK economy growth slows as leaders demand ‘no more business taxes in Autumn budget’

Stock market news and latest business and finance updates from Wednesday

Economics

2 w. ago Britain braces for another tax bomb amid warnings UK economy is 'flashing red' as growth slows to 0.3 per cent while Rachel Reeves faces a £50bn black hole

The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.

Events

2 w. ago Britain braces for another Reeves tax bomb as economic growth slows AGAIN to just 0.3% between April and June

The Office for National Statistics ( ONS ) said gross domestic product (GDP) grew by 0.3 per cent between April and June this year.

Economics

2 w. ago UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion last monthThe UK economy grew at a faster rate than expected in the second quarter, official figures show, despite pressure on households and businesses from tax increased and Donald Trump’s global trade war.Figures from the Office for National Statistics showed growth in gross domestic product (GDP) slowed to 0.3% in the three months to the end of June, down from a rate of 0.7% in the first quarter. Continue reading...

Politics

2 w. ago UK economic growth slows amid pressure on business and Trump trade war

UK economic growth slowed to 0.3% between April and June, according to the Office for National Statistics.

Economics

2 w. ago Boosting productivity will be main priority of my autumn budget, Reeves says

Exclusive: Chancellor says ‘investment and reform are our tools’ as she pushes back against mounting tax speculationRachel Reeves: Labour has fixed the foundations – now we must build a stronger economy for a renewed BritainRachel Reeves has promised to use her autumn budget to prioritise fixing Britain’s dismal record on productivity as she sought to downplay mounting tax speculation with a focus on economic growth.Setting out her priorities for the budget for the first time, the chancellor said tackling the efficiency of the economy through higher investment and a fresh assault on planning rules would form the backbone of her tax and spending plans. Continue reading...

Politics

2 w. ago Boosting productivity will be main priority of autumn budget, Reeves says

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’Rachel Reeves: Labour has fixed the foundations – now we must build a stronger economy for a renewed BritainRachel Reeves has promised to use her autumn budget to prioritise fixing Britain’s dismal record on productivity as she sought to downplay mounting tax speculation with a focus on economic growth.Setting out her priorities for the budget for the first time, the chancellor said tackling the efficiency of the economy through higher investment and a fresh assault on planning rules would form the backbone of her tax and spending plans. Continue reading...

Politics

3 w. ago KEMI BADENOCH: Labour's council tax rises are a cynical raid on the very people who keep this country going

Rachel Reeves 's business-squeezing budget has led to rising unemployment, lower growth and a stagnant economy. As ever, Labour's answer is even more tax rises.

Politics

3 w. ago Embattled Rachel Reeves urges public to be patient with Labour on rescuing economy

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter

Events

3 w. ago Assault on Sudan’s Zamzam refugee camp may have killed more than 1,500 civilians

Guardian investigation finds number killed in April attack by Rapid Support Forces far greater than current estimatesMore than 1,500 civilians may have been massacred during an attack on Sudan’s largest displacement camp in April, in what would be the second-biggest war crime of the country’s catastrophic conflict.A Guardian investigation into the 72-hour attack by the paramilitary Rapid Support Forces (RSF) on North Darfur’s Zamzam camp, the country’s largest for people displaced by the war, found repeated testimony of mass executions and large-scale abductions. Hundreds of civilians remain unaccounted for. Continue reading...

Events

3 w. ago National Living Wage could rise next year in boost for UK workers

The National Living Wage could rise by up to 65p an hour from April next year, an advisory body has estimated. This would mean that a full-time worker could see an additional £1,400 annually

Politics

4 w. ago Americans are slashing their spending as worries over the economy grow: ‘This time feels different’

The U.S. economy added just 73,000 jobs in July

Economics

4 w. ago White House officials rush to defend Trump after shaky economic week

US trade representative says ‘the president is the president’ after firing of labor statistics chief amid slow job growthDonald Trump administration officials fanned out on Sunday’s US political shows to defend the president’s policies after a bruising week of poor economic, trade and employment numbers that culminated with the firing of labor statistics chief Erika McEntarfer.US trade representative Jamieson Greer said Trump has “real concerns” about the jobs numbers that extend beyond Friday’s report that showed the national economy added 73,000 jobs in July, far below expectations. Job growth numbers were revised down by 285,000 for the two previous months as well. Continue reading...

Politics