By Andy Bruce (Reuters) -Tepid growth across British businesses picked up slightly at the start of 2025 with employment and ...
It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed a cull of jobs while Primark said its sales were suffering.
Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...
Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court ...
ALCOHOL prices in pubs and supermarkets to be pushed up by a perfect storm of rule changes. Changes to tax on alcohol, packaging and employers are set to hit drinkers in the pocket. Alcohol duty ...
Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing ...
Tax rises at the next budget are a "good bet", economists have suggested, after government borrowing reached its highest ...
Chancellor Rachel Reeves ‘s financial headache has been inflamed by a surprise jump in borrowing in December, which leapt to a four-year high of nearly £18 billion.
The deficit was the highest for any December since 2020, when the government was forced to prop up closed businesses and spend billions of pounds on medical equipment because of the covid lockdowns ...
Government borrowing hit £17.8 billion in December, surpassing forecasts by £3.2 billion intensifying the debate over the ...
The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a ...