Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Thinktank calls on chancellor to end housing allowance freeze with typical two-bedroom household facing £158 week shortfall amid rent risesMore than 1.1 million low-income families in rented homes face a “cost of housing” crunch without action from Joh…
Read MorePM’s push to cut cost of living is threatened by rising inflation and higher government borrowing costsBank of England holds interest ratesBusiness live – latest updatesGood luck to Andy Burnham convincing voters he is giving them “breathing space,” if…
Read MoreIran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economiesEconomics viewpoint: perilous UK economic conditions trace back to TrumpCentral bankers in economies including the US, Japan and the U…
Read MorePaul Nowak says changes to immigration rules risk overstretching social care and fuelling far-right sentimentAndy Burnham must overhaul Shabana Mahmood’s migration reforms or risk overstretching social care and fuelling far-right sentiment, the TUC gen…
Read MoreBank of England governor says central bankers must explain decisions or risk being seen as ‘unrepresentative elite’The governor of the Bank of England has said the rise of populist politicians presents a serious challenge to independent central banks.A…
Read MoreYield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey facesBusiness live – latest updatesThe chancellor’s headroom against Labour’s fiscal rules could be almost halved at his first budget i…
Read MorePaid employment can boost confidence and wellbeing, says Pat McFadden as jobs guarantee scheme gets under wayWork must be “part of the answer” to the mental health crisis among young people, the work and pensions secretary, Pat McFadden, has said as he…
Read MorePM wants to reduce department’s stranglehold on public purse and bring long-term thinking to economic policyAndy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.Boris Johnson all but forced the resignati…
Read MoreGDP expanded by 0.4% in three months to June, but analysts warn growth is ‘likely to fade’Business live – latest updatesEconomic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran war began to take its toll, offici…
Read MoreTUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefitsThe TUC is urging the new chancellor, John Healey, to order a “root and branch” review of the Office for Budget Responsibi…
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