Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.

The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

Talk about being trapped between a rock and a hard place. That's the fate of the Bank of England (BoE), thanks to Chancellor ...

Britain is at risk of falling into "stagflation" this year as the consumer price index (CPI) rate of inflation is forecast to ...

Keir Starmer is said to be gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special ...

More than three million workers across the UK are set to get a bumper pay rise in April as new wage rates for the year come ...

The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...

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

THE Budget tax raid on businesses has led companies to slash jobs at the fastest rate since the financial crisis, a survey ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Mel Stride accuses Chancellor of prioritising agreement over those who have lost winter fuel allowance, demanding cost is ...