Kemi Badenoch casts doubt on growth projections for Asia-Pacific trade deal
Comments threaten to worsen already tense relationship between senior ministers and civil servantsPolitics live - latest updatesKemi Badenoch has cast doubt on her department’s projections for how much...
View ArticlePacific trade deal is more useful to Joe Biden than it is to the UK’s economy
Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical gameTory MPs hailed the UK’s entry last week into the Indo-Pacific...
View ArticleDeadline to sell off UK government’s NatWest shares extended to 2025
Recent banking turmoil fuels decision to delay offloading portions of its remaining 41% stakeA plan to whittle down the government’s stake in NatWest has been extended by another two years, after weeks...
View ArticleThe RBA has paused its record run of interest rate hikes. Relief may only be...
Rising rents and energy prices, as well as stagnant wages, lead many economists to predict the rate is yet to peakFollow our Australia news live blog for the latest updatesGet our morning and afternoon...
View ArticleHow Nigel Lawson turned postwar economic consensus on its head
Former chancellor fundamentally changed the UK economy during his six-year stint at the Treasury, and not much has changed since thenNigel Lawson: former Conservative chancellor dies, aged 91Enoch...
View ArticleA committed unbeliever: Nigel Lawson left the Tory party a complex, divisive...
Lesser politicians try to emulate Thatcher’s clever, contrarian chancellor. That’s risky in these very different timesIn death this week at the age of 91, Nigel Lawson has been saluted by all wings of...
View ArticleBenefit sanctions slow people’s progress into work, says report Coffey...
Government has aggressively pursued sanctions despite its own 2020 report showing they are ineffective at getting people into jobsBenefit sanctions slow down claimants’ progress into work and are...
View ArticleHow Nigel Lawson left his mark on British politics | Letters
Stephen Locke, Lawson’s former private secretary, on how rewarding it was to work for him, and Margaret Beckett on his divisive legacy.Plus letters from Mark Hebert, Valerie Gidlow and Greg QuieryThank...
View ArticleLabour is still in thrall to the low tax regime championed by my friend Nigel...
The key legacy of the former chancellor, who died last week, was to put the fear of god into the party’s leadersTo listen to the plaudits from the Conservative press after the death of Nigel Lawson at...
View ArticleA property tax based on annually uprated values would be a gamechanger
Sunak or Starmer will win votes – and most UK households will gain – if they replace the council taxRishi Sunak needs a gamechanger to have any hope of leading the Conservatives to victory at the next...
View ArticleHow Labour can make clear it’s for the many, not the few (to coin a phrase) |...
It must open a debate about the issue of publicly generated money, writes ProfMary Mellor; plus letters from Joy Webb, John Hully and Kev CrocombeLabour is failing to promote core Labour values such as...
View ArticleMegan Greene to join BoE’s monetary policy committee
Global chief economist at Kroll will join the MPC as an external member on a three-year term from 5 JulyThe Treasury has appointed a financial markets expert to the Bank of England’s monetary policy...
View ArticleUK national debt will continue to rise over next five years, says IMF
Forecast by Washington-based body puts at risk Rishi Sunak’s pledge to cut debt as share of GDPBusiness live – latest updatesBritain’s national debt will continue to climb over the next five years,...
View ArticleUK economy flatlined in February amid impact of strikes
Wave of public sector strikes and weak industrial output take toll, official figures showBusiness live – latest updatesBritain’s economy recorded growth of 0.0% in February as a wave of public sector...
View ArticleUK is worst performer in G7 for workforce participation since Covid
Number of working-age adults in work or job hunting is still lower than before pandemic, OECD figures showBritain has emerged as the worst-performing country in the G7 for workforce participation since...
View ArticleUK civil servants to strike as unions call pay offer ‘insulting’
Government announces pay rise of between 4.5% and 5%, prompting warning of new wave of industrial actionCivil service unions in the UK have warned of a fresh wave of industrial action, after the...
View ArticleLabour will be most interventionist government for a generation, says shadow...
British public has yet to comprehend scale of party’s economic ambitions, says business chief Jonathan ReynoldsThe British public is yet to understand “the scale of Labour’s ambition on the economy”,...
View ArticleMinisters ignored red flags over Covid fraud, says former head of SFO
Exclusive: Sir David Green suggests ‘prudence was thrown out the window’ as UK lost billions of pounds in pandemic business supportThe former head of Britain’s financial crime prosecutor has said “red...
View ArticleMore than 1m UK small businesses ‘trapped in high-cost energy tariffs’
Trade groups say many firms had to renew contracts at market peak in ‘biggest mis-selling scandal since PPI’More than 1m small businesses may be paying energy bills significantly above market rates...
View Article‘Anti-maths mindset’ costs UK a huge sum, Rishi Sunak claims
PM urges Britain to prize numeracy, but critics say such talk counts for nothing without a funded planThe UK possesses an inherent “anti-maths mindset” that is hampering efforts to improve numeracy,...
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