Category : Search result: MidYear Economic and Fiscal Outlook


Reeves challenges OBR authority in economic power play

Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.

Microsoft Services Crash: Minecraft & Outlook Down

Major Microsoft outage hits millions of users as popular services including Minecraft, Outlook email and Xbox Live experience widespread disruption. Technical issues reported across the UK and Europe.

JPMorgan CEO Dimon Issues Recession Warning

JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.

IFS: Government has 'no credible' economic plan

The Institute for Fiscal Studies has launched a scathing critique of both Conservative and Labour economic policies, warning of 'unacknowledged trade-offs' and challenging Liz Kendall's welfare reform ambitions.

Scottish Business Confidence Hits Record Low

New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.

UK Economy Grows 0.4% in Q2 - Strongest Since 2021

Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.

Rachel Reeves's Economic Wonderland: Fantasy Over Reality?

Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.

OECD: UK to Lead G7 Growth in 2025 as Inflation Falls

The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen

Daily Mail's Stark Warning: UK Economic Crisis Looming

The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.

Rachel Reeves rules out major tax hikes to fuel growth

Shadow Chancellor Rachel Reeves vows to prioritise economic growth over significant tax increases, promising a 'decade of national renewal' with a focus on planning reform and infrastructure investment.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

UK Job Cuts Accelerate at Fastest Pace Since 2021

New data from the Bank of England shows British businesses slashed jobs at the most rapid rate in four years during summer 2025, amid weakening demand and persistent economic pressures.

Reeves' 'Disastrous' Budget Silence Angers Business Leaders

Chancellor Rachel Reeves faces a furious backlash from business leaders for her 'deafening silence' on the upcoming Autumn Budget, creating crippling uncertainty for UK firms and sparking fears of a major economic misstep.

Top economist warns Hunt's tax cuts could create £30bn hole

Exclusive: Leading economist Julian Jessop issues a stark warning that the Chancellor's planned tax cuts could destabilise the UK economy, creating a £30bn fiscal black hole and forcing the Bank of England to keep interest rates higher for longer.

UK Economic Crisis as Borrowing Costs Soar to 10-Year High

Britain faces a severe economic storm as government borrowing costs hit alarming highs, sparking fears of a fiscal crisis. Chancellor Rachel Reeves confronts mounting pressure amid market turmoil and Labour's internal reshuffle.

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