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.
‘Pension death tax’ on the cards as Reeves looks to raise cash September 24, 2024 Tom Selby, director of public policy at AJ Bell, said many of the possible reforms come with "significant practical and political challenges".
Bank of England’s Bailey doubts interest rates will fall back to near zero September 24, 2024 With inflationary pressures easing, rate-setters cut rates for the first time since the pandemic in August. However, they subsequently voted 8-1 to keep rates steady last week.
Has Labour overdone the doom and gloom? September 24, 2024 Many economists and City business groups have argued that this risks damaging growth. After all, why would households spend and businesses invest in a climate of fear?
Forget the bangs and flashes, the UK economy just needs some plumbing September 24, 2024 The outlook for the UK economy doesn't have to be so bleak. We just need to get back to basics, writes Sam Bidwell.
High-tax, high-spend and little reform: Reeves’ plan is tried and failed September 24, 2024 Reeves says the UK public can trust Labour with its money, but her plan is just a reheated version of one we've already tried over and over again, writes Elliot Keck.
UK industrial strategy not just ‘smoking chimney stacks’, trade expert says September 23, 2024 The UK’s industrial strategy is not just “smoking chimney stacks”, trade expert Marco Forgione has said.
City analysts ask Rachel Reeves ‘where will the tax axe fall?’ September 23, 2024 City analysts have called on Rachel Reeves to clarify where the “axe will fall” ahead of a Budget widely expected to see taxes hiked. The Chancellor delivered her keynote speech at the Labour Party conference in Liverpool on Monday where she struck a more optimistic economic tone, promising that October 30 would see a “Budget [...]
UK economy: Growth continues but budget concerns ‘jangling nerves’ September 23, 2024 PMIs, which measure business activity in the private sector, are closely watched for clues about the economy’s performance.
Labour conference: Reeves challenged over consumer ‘fear and foreboding’ September 23, 2024 Rachel Reeves has been challenged over claims the government has “generated a fear and foreboding” among consumers – but insisted she was “optimistic” about the economy. Ahead of her keynote speech to the Labour Party conference in Liverpool today, the Chancellor was challenged on Sky News over last week’s fall in consumer confidence to the [...]