Embattled Rachel Reeves jets off to World Economic Forum in Davos - despite fresh alarm over faltering UK economy and warnings from investors of 'debt death spiral'
Ms Reeves headed for the Swiss mountain resort for the annual gathering of the World Economic Forum as it was claimed that ...
Wage growth picks up while Wales experiences another rise in unemployment
In Wales the unemployment rate was up on the previous quarter by 0.7% to 5.6% of adults of working age. Of the UK’s nations ...
Wages are outstripping inflation at the fastest pace since 2021, figures show
The British Chambers of Commerce has warned that there are already 'warning lights' flashing over the jobs market as the ...
Wage growth accelerates despite flagging jobs market
The ONS cautioned the latest payroll estimation, drawn from tax data, was subject to change, while the unemployment rate is ...
Fresh blow for Rachel Reeves as unemployment soars - but there's a reprieve for workers
The rate of UK unemployment rose to 4.4% in the three months to November from 4.3% in the three months to October, the Office for National Statistics said, in a fresh blow to Rachel Reeves.
Rachel Reeves to spark Labour civil war over £18.6bn airport expansion plan
The Chancellor could announce plans to build a third runway at Heathrow Airport, a second at Gatwick and double the capacity ...
UK set to be the fastest growing major European economy, IMF forecasts in boost to Reeves
After weeks of turbulence in the economy, new figures suggesting better growth in 2025 than previously expected will come as a welcome relief for the embattled chancellor ...
Rachel Reeves' 'value for money' office is a gimmick, MPs declare
In the latest blow for the beleaguered Chancellor, the Commons' spending watchdog said the Office for Value for Money (OVfM) ...
Reeves ‘faces £20bn black hole’ as economy slumps
Rachel Reeves faces a £20bn black hole in the public finances due to soaring interest rates and crumbling economic growth, ...
Calls for Rachel Reeves to quit as chancellor are overblown – but they highlight what her real problems are
The chancellor is weathering choppy economic waters – but the roots of these date back much further than Reeves’ time in the ...
UK economy to grow by 1.6 per cent this year, IMF predicts
The UK economy is predicted to grow 1.6 per cent this year, the International Monetary Fund has said, relieving the pressure ...
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UK retail sales shrink unexpectedly in December, adding to glum data
LONDON - British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the fourth quarter, adding to the challenges facing finance ...