The international economic thinktank, the OECD, has warned that the UK will have the lowest growth among the big group of seven industrial countries next year.
Jeremy Hunt cast today’s Autumn Statement as a plan to rebuild the economy.
The Chancellor, Jeremy Hunt, blamed high inflation on the war in Ukraine and the aftermath of the pandemic.
As the economy heads towards a recession, interest rates are going up and the government is expected to squeeze the public finances in its Autumn Statement – due out next Thursday.
Is it inevitable that the economy descends into a protracted recession?
A key factor fuelling the cost of living crisis is the price of oil and gas.
The government’s plans for tax and spending will now be unveiled two and a half weeks later than expected.
The pound and bond prices took the announcement from Liz Truss in their stride.
With inflation still rising and economic policy switching back towards austerity, where does this leave our economy?
The chancellor is promising us more “eye watering” decisions on government spending and taxes as part of his mission to get the public finances back on track.
Jeremy Hunt has reversed Liz Truss’ economic programme, but where does that leave the economy and the public finances?
How have the financial markets reacted to Kwasi Kwarteng’s sacking and the prime minister’s announcement on sticking to an increase in corporation tax?
We discuss the reaction on the markets to another day of uncertainty and what possible tax u-turns might mean for all of us.
The cost of government borrowing has continued to soar after the Bank of England insisted that it will stop its emergency bond-buying programme this Friday, despite earlier reports that it would be extended.
The IMF says “the worst is yet to come” – and if that sounds like a tagline from a disaster movie that’s about the right mood. The IMF thinks more than a third of the global economy will shrink either this year or next. Everyone is taking a hit from the Russian invasion of Ukraine, the cost of living crisis and a slowdown in China driven by its Covid lockdown policies.