In recent decades, poorly designed fiscal rules have forced UK and European Union governments to react to short-term ...

Fresh forecasts on the outlook for the British economy were published on Wednesday alongside Chancellor Rachel Reeves' Spring ...

Chancellor Rachel Reeves delivered the spring statement on Wednesday, giving an update on the UK economy. In her announcement ...

"The world has changed". UK Prime Minister Keir Starmer's assessment is hard to deny and should prompt the Labour government to shake off its self-imposed debt constraints if it wants to help the ...

The rise reflects Britain’s stagnant economic growth and the legacy of costly government responses to the pandemic and higher energy costs. Economists said Reeves would struggle to meet rising demands ...

Minimizing the damage from climate change requires investments in mitigation and adaptation to increase ninefold and thirteenfold, respectively, by 2050 — equivalent to around 1% to 2% of cumulative ...

Key UK CPI inflation data is due early on Wednesday.

Reeves, who once promised to be the country’s first “green chancellor”, is now encouraging unprecedented UK airport expansions. The government claims this will promote economic growth, pointing to a ...

Graphs reveal economic impact of Rachel Reeves' plans - GDP and productivity are not likely to grow at the pace that ...

Labour’s motivation to ‘smash the gangs’ and get a grip of uncontrolled migration took a serious hit yesterday as the OBR ...

For more than 20 years, Britain’s property market soared. Average house prices have risen from £85,000 in 2000 to £268,000 ...