We will all be paying even higher taxes very soon. There will not be many jobs, and we may not even be able to switch on the ...

While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...

Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...

A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget watchdog in March. The Bank of England cut interest rates but halved its ...

The latest ploy is to say that because of the likelihood of President Donald Trump introducing tariffs on EU goods, we should move closer to the EU as an act of solidarity. Well solidarity won’t ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Chancellor Rachel Reeves is set to meet top bank bosses this week, in the latest attempt to kickstart her growth agenda. The ...

Despite her audacious tax raids, an absence of ‘growth, growth, growth’ and, now, the prospect of stagflation, the chancellor ...

Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.