Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...

The triple lock metric determines the increase in the state pension in line with the highest of 2.5%, the increase in total ...

Catherine Mann from the Bank of England suggests companies will find it tough to raise prices this year due to job losses and reduced consumer spending. Despite inflation almost doubling the BoE's ...

Chancellor Rachel Reeves is set to meet top bank bosses this week in the latest attempt to kickstart her growth agenda. The embattled Labour chancellor has reportedly called in top executives at ...

The fate of next year's state pension increase hangs in the balance as a key element that could determine the triple lock ...

LONDON: Bank of England (BoE) interest rate cuts are not feeding through to borrowing costs for households and the government ...

Retired civil servants, teachers, soldiers and NHS staff are amongst those who will receive a 1.7pc boost to their pensions ...

Frozen since 2021 are the £12,570 threshold at which earners begin forking out basic 20 per cent tax, as well as the £50,270 ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.