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Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live | Business

Cool UK jobs market 'questions need for rate hikes' – economistsJames Smith, developed markets economist, UK at ING, said the cooling labour market means...

Top economists urge Burnham to sign UK up to UN initiative on global inequality | Inequality

Forty prominent progressive academics are urging Andy Burnham’s government to join a new global push to tackle inequality.The experts include Nobel winner Joseph Stiglitz,...

Counter-terror police leading inquiry into ‘unprecedented’ Heathrow fire | Heathrow airport

Counter-terror police are leading the investigation into the “unprecedented” electrical substation fire that has closed down London Heathrow, stopping more than 1,300 flights, as...

UK deficit overshoots forecasts by £4.1bn; consumer confidence lifts – business live | Business

Richard PartingtonUK government borrowing rose by more than expected in February to £10.7bn, underscoring the challenge for Rachel Reeves before next week’s spring statement.Chancellor...

Bank of England says companies freezing hiring plans as it keeps interest rates on hold | Interest rates

The Bank of England has said UK businesses are freezing their hiring plans in response to Rachel Reeves’s tax increases and to mounting global...

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