Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
A damning report reveals how a flagship government insulation scheme has left homeowners facing massive repair bills due to widespread installation failures and poor workmanship.
A damning National Audit Office report reveals the UK government's flagship green homes initiative has fallen dramatically short, with just 47,500 upgrades completed against a 600,000-home target, leaving billions in potential energy savings unrealised.
IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
Ella Baron's biting political cartoon captures the crumbling economic credibility of the Conservative Party as Business Secretary Kemi Badenoch faces mounting criticism over fiscal policy failures.
New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.
President Javier Milei confronts escalating economic turmoil as inflation soars and social unrest grows, testing his controversial austerity measures in Argentina.
Sir Douglas Alexander returns to economic leadership role, appointed to chair Scotland's new Council of Economic Advisors in strategic move to bolster nation's financial future.
Fresh economic analysis exposes how political gridlock and government shutdowns are draining billions from the UK economy, with businesses and taxpayers bearing the brunt of Westminster's paralysis.
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
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.
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
Thousands of disabled households could claim free energy efficiency upgrades worth up to £2,000 through government schemes. Discover if you qualify for boiler replacements, insulation and more.
Shadow Chancellor Rachel Reeves delivers landmark speech outlining Labour's radical economic overhaul, from housebuilding boom to planning system shake-up and North Sea oil confrontation.
Discover the full list of UK government grants and schemes available in 2024 to help homeowners improve energy efficiency, cut costs, and increase property value.
A damning OECD forecast predicts Britain will be the weakest economy among G7 nations next year, with growth projections slashed amid persistent inflation and political stagnation.
The OECD's latest economic outlook reveals a world economy weathering Trump's aggressive tariff strategy better than forecasted, with global growth holding steady at 3.1% despite trade tensions.
Money saving expert Martin Lewis explains a little-known scheme where thousands of UK households can get up to £1,500 in free cash to slash energy bills. Check your eligibility now.
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
The UK government's flagship wellbeing framework, designed to shift economic focus beyond GDP, has struggled with implementation and impact despite its ambitious goals, according to experts.
Former Bank of England chief economist warns that without inclusive growth policies, economic discontent could fuel far-right extremism in Britain's political landscape.
Huntington Bancshares CEO Brad Smith sounds the alarm on the economic crisis unfolding in Appalachia, calling for urgent investment and national attention to reverse the region's decline.
A damning report from Citizens Advice reveals a hidden housing crisis, with 6 million households in England and Wales trapped in energy-inefficient homes, facing unaffordable bills despite government insulation schemes.
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.
President Javier Milei's controversial austerity programme and radical economic reforms face a decisive verdict as Argentina heads to the polls. This analysis examines the high-stakes battle shaping the nation's future.
A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.