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      Reform pledges £50bn savings in ‘generational’ benefits shake-up

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Economics

  • Brits have absolutely no idea where inflation is, survey suggests

    June 14, 2024

    Rishi Sunak is keen to tell Brits inflation has fallen - but the public doesn't appear to have noticed, a new Bank of England survey suggests.

  • FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom

    June 14, 2024

    Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.

  • General election 2024: Will Labour’s plan for growth work?

    June 13, 2024

    If this miraculous recovery fails to arrive, then taxes will go up. That's not economics, that's arithmetic.

  • General election 2024: Do the spending promises stack up?

    June 13, 2024

    We've reviewed the three major parties' policy pitches to determine whether their spending promises stack up. The answer, on the whole, is no.

  • FTSE 100 today: London markets set to open lower amid reduced US Fed rate cut bets

    June 13, 2024

    Asian markets mirrored Wall Street gains, Broadcom surged on a raised revenue forecast. Eyes on US producer prices and Treasury auctions.

  • Fed holds interest rates for seventh consecutive meeting after ‘modest’ progress on inflation

    June 12, 2024

    At the turn of the year investors thought the cutting cycle would be well underway but now traders do not expect a cut until September.

  • Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders

    June 12, 2024

    Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.

  • US inflation comes in below expectations as prices remain flat in May

    June 12, 2024

    The figures come ahead of the US Federal Reserve's latest interest rate decision, due this evening.

  • April GDP figures show scale of the challenge if Starmer wins the election

    June 12, 2024

    Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".

  • Economy stagnant in April thanks to wet weather as recovery falters

    June 12, 2024

    Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.

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