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Economics

  • Adzuna: UK job-seekers face toughest market in three years

    September 30, 2024

    Tony Wilson, director at the Institute for Employment Studies, said the figures would be a "bit disappointing" for those who had been looking for "greener shoots" in the labour market.

  • How will Labour fill the non-dom shaped hole in their tax plans? Brace yourself.

    September 30, 2024

    Cast your mind back to the Spring and early Summer of this year when the election campaign was underway. It seemed the Tories were announcing a new policy every day, from the return of National Service to inventive new ways of protecting pensioners’ incomes, Conservatives filled the airwaves with ideas, policies and announcements. In the [...]

  • Mervyn King warns against government changing way it measures debt

    September 29, 2024

    Mervyn King has warned Rachel Reeves against altering how the government defines its debt in the upcoming Budget, and called for the fiscal rules to be assessed by parliamentary term. Speaking in an interview on BBC Radio Four’s Broadcasting House, the former governor of the Bank of England said that the way the government polices [...]

  • Ex-Bank of England chief economist warns on Labour’s non-dom crackdown

    September 26, 2024

    Speaking on LBC, Andy Haldane warned that the government's measures might give overseas investors "cause for pause" before setting up businesses in the UK.

  • Non-dom crackdown: Fears it will fail to raise cash and actually cost the UK money

    September 26, 2024

    Officials fear that the government's plan to close loopholes in the non-dom tax regime might fail to raise any extra revenue at all, according to reports.

  • ‘Time is of the essence’: Government urged to push ahead with planning changes

    September 26, 2024

    The government has put forward a major set of reforms to the planning system, which is widely seen as one of the major barriers to economic growth.

  • Bank’s Megan Greene calls for ‘steady-as-she goes’ approach to cutting interest rates

    September 25, 2024

    Megan Greene, one of the Monetary Policy Committee's (MPC) more hawkish members, said a "gradual approach" to lowering borrowing costs was "appropriate" given the balance of risks facing the economy.

  • UK economy gets another growth upgrade but OECD warns on ‘sticky’ inflation

    September 25, 2024

    Chancellor Rachel Rachel said she "welcomed" the upgraded projection, but said there is "more to do".

  • The ultra rich exodus has made an exit tax tempting. Would it work?

    September 25, 2024

    Millionaires are leaving the UK in record numbers, prompting the Resolution Foundation, an influential left-wing think tank, to propose an exit tax.

  • UK economy to grow twice as fast as expected says KPMG

    September 25, 2024

    KPMG's latest forecasts suggest the economy is on track to grow 1.0 per cent this year before accelerating slightly to 1.2 per cent next year.

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