Author: Richard Partington Senior economics correspondent

ApprenticeshipsBusinessEducation policyEmployabilityLabourSocietyUK newsUnemploymentVocational educationYoung peopleYouth unemployment

Only 160 apprenticeship starts in eight months on Labour’s flagship scheme

Exclusive: Government warned ‘skills revolution’ at risk amid slow start to project with target of 30,000 starts by end of parliamentLabour has been warned its “skills revolution” to tackle youth unemployment risks failure, after its flagship apprentic…

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Andy BurnhamBank of EnglandBudget 2026BusinessEconomicsEnergy industryInflationInterest ratesJohn HealeyOffice for National StatisticsPoliticsUK cost of living crisisUK newsUS-Israel war on Iran

Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%

PM rejects claim he leads a ‘tax-and-spend’ government, as Bank of England prepares for interest rates decisionAndy Burnham has said “difficult decisions” will need to be taken in next month’s budget after a rise in energy prices triggered by the Iran …

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Revealed: the UK towns with the fewest jobs for young people

Rotherham has 46 online vacancies for every 1,000 young people but there are 288 in Cotswold district council areaYoung people in Rotherham face a local jobs market with the fewest suitable opportunities in Britain, according to a report that warns sta…

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Bank of EnglandBusinessEconomicsInterest ratesMoneyPensionsState pensionsUK cost of living crisisUK newsUK unemployment and employment statistics

UK state pension set to top £13,000 a year as wage growth slows to 3.9%

Workers face inflation squeeze fuelled by Iran war, as Bank of England prepares for interest rates decisionBusiness live – latest updatesWage growth in the UK has slowed as workers come under pressure from a renewed cost of living squeeze fuelled by th…

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BudgetBusinessEconomic growth (GDP)EconomicsJohn HealeyKeir StarmerPoliticsTax and spendingUK news

John Healey backs growth but says Labour must be honest on spending

Chancellor ducks questions on whether he will have to raise taxes but says he will stick firmly to fiscal rulesBusiness live – latest updatesPolitics live – latest updatesJohn Healey has said boosting economic growth will be his defining mission as cha…

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New Fed chair faces critical test at Jackson Hole as inflation fears mount

Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxietyThe new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation an…

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Andy BurnhamBank of EnglandBusinessEconomicsEnergy billsEnergy industryInflationInterest ratesJohn HealeyOffice for National StatisticsUK cost of living crisisUK newsUS-Israel war on Iran

UK inflation rises to 2.9% as Iran war drives up energy bills

Accelerating prices in July add to pressure on households, with chancellor saying ‘there is more to do to restore hope’Business live – latest updatesUK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed co…

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UK pay growth slows as job vacancies hit five-year low

Iran war prompts cost of living squeeze for workers as ONS reports unemployment rate stays at 4.9%Business live – latest updatesWage growth in the UK slowed in June and vacancies hit a five-year low as workers came under pressure from a renewed cost of…

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Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility

Many buyers wait in hope of better deal, although there are hotspots in Scotland and northern EnglandHalf of homes in Great Britain are taking longer to sell than last year as volatile conditions in the mortgage market amid the Iran war prompt buyers t…

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Burnham urged to crack down on gig economy firms to protect 4m workers

Exclusive: Campaigners say millions are missing out on key rights including sick pay and protection against unfair dismissalAndy Burnham is being urged to protect 4 million gig economy workers by prosecuting companies that use widespread “bogus” self-e…

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