The House of Lords has rejected Labour’s controversial “reserve power” legislation for a second occasion, preventing the Government from forcing pension schemes to allocate substantial portions of retirement savings into
The House of Lords has rejected Labour’s controversial “reserve power” legislation for a second occasion, preventing the Government from forcing pension schemes to allocate substantial portions of retirement savings into
The Labour government has successfully navigated a crucial vote in the House of Commons to advance legislation granting ministers discretionary authority over pension scheme investments.
MPs to Vote on Emergency Bill Granting Government Control of British Steel
House of Commons to Be Recalled for Emergency Debate on British Steel Nationalisation
Downing Street has rejected Rachel Reeves’ suggestion that Donald Trump was responsible for Britain’s economic underperformance.
Rachel Reeves faces a looming £20bn deficit in public finances, driven by soaring interest rates and weakening economic growth, economists at JP Morgan warn.
Rachel Reeves has been accused of “dragging the economy into stagnation” with her reference to a “£22bn black hole” in the public finances. Official data revealed that November’s growth fell
The Chancellor’s decision to travel to China while bond markets turn against Britain highlights a much larger issue, and it’s not a positive signal.
A former Bank of England economist has cautioned that Labour risks losing the upcoming election if rising government borrowing costs force Rachel Reeves to reinstate austerity measures.
This year, demand for UK debt dropped to its lowest point following Rachel Reeves’s Budget, which fueled expectations of rising bond yields.
Despite a Gfk survey indicating improved optimism among British consumers regarding economic prospects in November, UK stocks witnessed a downturn.
The Resolution Foundation has indicated that families may have to bear an additional tax burden of £4,300, despite Jeremy Hunt’s efforts to reduce National Insurance and offer other budget-related concessions.