5 h. ago Who will be hit by Labour's new wealth tax? Minister refuses to say as BoE warns firms are cutting jobs and hints interest rates will fall to prop up stalling economy

Treasury Chief Secretary Darren Jones dodged on what counted as a 'modest income' after promises that those workers would be protected.

Events

6 h. ago Minister wriggles on who will be hit by tax hikes as BoE chief warns firms are cutting jobs and hints interest rates will fall to prop up stalling economy

Treasury Chief Secretary Darren Jones dodged on what counted as a 'modest income' after promises that those workers would be protected.

Events

6 d. ago Rachel Reeves warned 'fantasy' wealth tax would drive away investors and fail like Spain's as desperate ministers refuse to rule out left

Alarm is growing about Labour targeting entrepreneurs as the government frantically tries to balance the books.

Events

1 week ago Reeves 'could be forced into £40BILLION of extra tax hikes' by 'perfect storm' of stalling economy and Labour's benefits shambles

Chancellor Rachel Reeves is trying to move on after her outburst of emotion during PMQs yesterday.

Economics

1 week ago Reeves 'could be forced into £40BILLION of extra tax hikes' by stalling economy and Labour's benefits shambles

Chancellor Rachel Reeves is trying to move on after her outburst of emotion during PMQs yesterday.

Economics

1 week ago Keir Starmer refuses to rule out tax rises after Labour MPs force U

The Prime Minister refused to be drawn on whether he would increase tax later this year.

Politics

2 w. ago Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; Trump demands cheaper oil – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

3 w. ago Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disrupted – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

3 w. ago IMF chief warns of broader risks from US strikes on Iran, as oil falls back from five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors such as Ireland’s unusual jump in growth inflated this figure. Continue rea...

Events