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Economics

  • ‘Delicate time’ for US economy as growth fears build

    February 26, 2025

    The world's largest economy has been the standout global performer for the past couple of years, with growth far outstripping other advanced economies.

  • Keir Starmer’s defence pledge will prompt ‘tough choices’ on tax

    February 26, 2025

    The Prime Minister confirmed yesterday that defence spending will rise to 2.5 per cent of GDP by 2027, up from 2.3 per cent at the moment.

  • Businesses face ‘powder keg’ of costs as Budget tax hikes loom

    February 26, 2025

    The vast majority of businesses will be forced to change their plans as a result of the government’s tax raid, a new survey shows, which will result in higher prices for consumers and thousands of lost jobs. More than four out of five business leaders (82 per cent) said Labour’s national insurance hike will have [...]

  • Spring could prove to be an economic washout

    February 26, 2025

    A modest burst of warm weather towards the end of last week may have coaxed the snowdrops and bluebells into life but don’t go dusting off the BBQ, as the cold isn’t done with us yet. Meteorologically speaking, Spring kicks in on 1 March but forecasters say the first month of the new season is [...]

  • CBI boss warns Rachel Reeves’ farm tax will undermine growth push

    February 25, 2025

    Speaking at the National Farmers' Union's (NFU) conference, Newton-Smith said there was no sector more "foundational" to the UK economy than farming.

  • Debt brake the central focus for investors ahead of German election

    February 21, 2025

    The German elections will take place this weekend amid a dire economic backdrop in Europe's largest economy.

  • Economists warn of tax hikes after borrowing blow

    February 21, 2025

    Figures from the Office for National Statistics (ONS) showed that tax receipts fell short of expectations in January due to the sluggish performance of the UK economy.

  • Budget costing jobs and pushing up inflation, survey suggests

    February 21, 2025

    Excluding the pandemic, employment fell at the fastest pace since the global financial crisis, the survey suggested.

  • Pressure on Rachel Reeves grows as tax receipts disappoint

    February 21, 2025

    Tax receipts rose at a slower pace than expected in January, new figures show, in a sign that the poor performance of the economy could have damaging fiscal consequences. According to figures from the Office for National Statistics (ONS), the government recorded a monthly surplus of £15.4bn, meaning it received more in taxes than it [...]

  • Checkatrade CEO: ‘My plan to get Britain growing again’

    February 20, 2025

    The chief executive of Checkatrade has revealed what he would like the government to change in order to boost British businesses and get the country growing again. Speaking during an up-coming episode of City AM’s Boardroom Uncovered interview series, Jambu Palaniappan argued Labour should reform the rules around planning permission to made it easier for [...]

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  • As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal

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