Bond giant Pimco is betting on a fall in UK inflation that will allow the Bank of England to cut interest rates further than the market currently expects, arguing that there is “nothing that special” ...

The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget ...

AI stocks retreat as Powell flags overvalued markets; S&P 500 slips, Nasdaq leads losses—traders eye PCE data and shutdown risk in US stock market.

The FTSE 100 has started higher, up 23 points to 9,250, led by a big jump for Kingfisher. B&Q owner Kingfisher has flown 16% ...

Scots households are facing the threat of 'automatic' annual hikes in drink prices to tackle the 'devastatingly high' number ...

How Britain’s economy ranks compared to other nations - OECD report comes as Reeves is preparing November’s Budget, in which ...

Year-on-year increases topped 8.0% in January 2024 and have remained above there ever since. St Helens has the next highest ...

Ms Reeves said the figures “confirm that the British economy is stronger than forecast – it has been the fastest growing of ...

Britain is set to experience the highest level of inflation among major economies this year, coupled with slowing growth, a combination that will put mounting pressure on household budgets.

Millions of families face further rises in food prices if Chancellor Rachel Reeves presses ahead with plans to hit big shops ...

Lloyds’ UK Sector Tracker reveals that demand grew in four out of 14 UK sectors in August – three more than in July.

Bank of England Chief Economist Huw Pill, one of the Monetary Policy Committee members who has been most concerned about inflation, said on Tuesday that he was more comfortable with the outlook for ...