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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,...

Reeves cuts VAT on summer days out to 5% as part of cost of living support | Tax and spending

Rachel Reeves will cut VAT to 5% on summer attractions such as theme parks and soft play centres during the school holidays as she...

UK business activity shrinks as economy faces ‘perfect storm’ – business live | Business

UK business activity contracts in May as economy faces 'perfect storm'British businesses reported their first in output in over a year in May, as...

Reeves to promise free summer bus rides for children and food tariff cuts in living costs package | Economics

Rachel Reeves is to promise free summer bus rides for children and cut tariffs on some food imports, as part of a package of...

UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live | Business

Key eventsShow key events onlyPlease turn on JavaScript to use this featureLiliana Danila, chief economist at the Food and Drink Federation (FDF), warned that...

HS2 bill could rise to £102bn with first trains delayed until 2039, government admits | Infrastructure

The HS2 high-speed railway will now cost up to £102.7bn and trains will not start running between London and Birmingham until as late as...

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