UK politics live: Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled
The government has announced South Western Railway’s services will be the first to transfer into public ownership next year, ...
Rachel Reeves’s Budget ‘will keep interest rates higher for longer’
Rachel Reeves’s Budget is likely to keep inflation and interest rates higher for longer as debt-fuelled growth pushes up ...
UK Fiscal Stance Unsustainable Without More Tax Rises, OECD Says
British Chancellor Rachel Reeves will need to raise taxes further to get the public finances on a sustainable footing, the OECD said as it upgraded its growth forecasts for the UK.
UK interest rates to fall more slowly than expected after Budget – OECD
The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget ...
Interest rates to fall more slowly than expected after Budget, OECD predicts
The projections are partly linked to higher-than-expected inflation, with the OECD predicting headline inflation of 2.7% for ...
Public spending to ‘boost growth’ next year, but inflation also set to spike
In its latest economic outlook, the OECD projected that growth would pick up to 1.7 per cent in 2025 as a result of the ...
Interest rates to fall slower and inflation to rise next year after Labour Budget - report
The organisation predicted that the global economy will grow by 3.2% this year and 3.3% next year, marking a slight ...
Chancellor Rachel Reeves appoints new Covid corruption commissioner
Over in the UK, the new Covid corruption commissioner has launched his first investigation into PPE fraud. Chancellor Rachel Reeves appointed Tom Hayhoe to recoup billions in fraudulent contracts. UK ...
Chancellor admits National Insurance rise won’t be ‘easy’ for companies
Chancellor Rachel Reeves has admitted that the increase in National Insurance employer contributions from April will not be “easy” for companies to absorb.
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The chancellor has admitted national insurance rise won’t be ‘easy’ for businesses
Chancellor Rachel Reeves has said the increase in employers' national insurance contributions announced in the Budget will ...
Is Rachel Reeves Paving The Way For A U-Turn On A Key Budget Pledge?
Rachel Reeves has refused to repeat her promise not to have to put up taxes or borrowing again in future Budgets. The ...
UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget
Influential Organisation for Economic Co-operation and Development also warns ‘risks and uncertainties high’ for global economy ...