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

The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...

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

Chancellor Rachel Reeves is set to meet top bank bosses this week, in the latest attempt to kickstart her growth agenda. The ...

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 ...

January had the fewest job vacancies since August 2020, during the pandemic, according to shocking new research.

Campaigners are pleading with Chancellor Rachel Reeves to axe a policy which will force millions more pensioners to pay ...

The UK likely slipped into contraction in the final quarter of last year, in a further sign of the challenges facing Rachel ...

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

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

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