UK to face “painful” budget in October, Starmer warns
UK Prime Minister Keir Starmer has cautioned that his government’s upcoming budget statement in October will be…
Browsing Tag
Rachel Reeves
UK energy bills to rise 10% this winter – Ofgem
British households will face higher gas and electricity bills this winter after Ofgem, the energy regulator,…
UK grocery inflation rises for 1st time since march ’23
UK grocery inflation increased for the first time since March 2023, reaching 1.8 per cent in the four weeks to…
UK eyes ‘Canada-Style’ pension model
The UK government is exploring the idea of merging multiple local government pension plans into a single…
UK needs £50b investment for growth – NIESR
Britain should invest an additional £50 billion ($64 billion) annually, primarily through public borrowing, to…
UK’s Reeves announces £5.5b budget cuts
Britain's new finance minister, Rachel Reeves, has unveiled plans for immediate budget cuts totaling £5.5 billion,…
Sterling falls on rate cut hopes, Reeves’ speech
The pound sterling dropped to its lowest level in two weeks on Monday as investors awaited the Bank of England's…
UK business uncertainty hits lowest since Brexit
Uncertainty among British business leaders has dropped to its lowest level since before the 2016 Brexit vote,…
Bloomberg: Reeves to outline dire UK fiscal challenges
Chancellor of the Exchequer Rachel Reeves will deliver a pivotal speech on Monday to the House of Commons,…
Sterling slightly up ahead of BoE policy clues
Sterling edged up slightly on Monday as investors awaited further indications on the Bank of England's monetary…
