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Economic policy

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Sunak vows to protect mortgage holders but says he can’t ‘do everything’

Rishi Sunak has vowed to limit the impact of rising inflation on people with mortgages, as he promised to...
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Interest rates likely to jump as markets await Bank of England decision

Mortgage rates are expected to jump on Thursdayin response to the largest increase in the Bank of England’s base...
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Business

Cost of living crisis: Stop the Squeeze calls for wealthiest to ‘pay proper share’ of tax

Pressure is building on the leaders of Britain’s two biggest political parties to support higher taxes on wealth amid...
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Business

CBI warns Rishi Sunak against ‘doom loop’ of public spending cuts

The head of the Confederation of British Industry has warned Rishi Sunak against pursuing an austerity “doom loop” of...
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Business

Austerity could be more difficult this time round, says Lord King

Average earners, rather than the wealthy, will be required to pay significantly higher taxes to finance higher public spending...
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Hunt may now have little choice but to usher in a new age of austerity | Larry Elliott

T angled up in Blue. A Hard Rain’s Gonna Fall. Desolation Row. In a...
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Business

Pound falls and UK borrowing costs rise despite Jeremy Hunt debt promise

The pound fell and government borrowing costs rose on Friday despite a promise from Jeremy Hunt that he would...
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Business

Liz Truss ignored economists’ stark warnings over mini-budget

Liz Truss ignored stark warnings from economists sympathetic to her growth strategy that the mini-budget that ultimately led to...
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