All the updated news related to economic policy

All the news related to economic policy updated in real time

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foreconomic policy

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Households face £1,200 hit as cost of living rises, think tank warns

The rising cost of living will become the dominant issue facing Boris Johnson, the head of an economic think tank has warned as families faced a £1,200 hit from April. The Resolution Foundation (RF) said families would typically face that level of ...

29 Dec 2021 at 11:25

Construction sector growth slows as new restrictions hold back recovery

Growth in the UK’s construction sector continued in December but slowed to its lowest since September as some firms said rising Covid-19 cases and new restrictions “held back” the sector’s recovery. The closely followed IHS Markit/CIPS UK ...

07 Jan 2022 at 11:25

UK diner numbers slump to weakest level since May

UK restaurants have witnessed their poorest week since the spring as the rapid spread of coronavirus hit the public’s appetite for eating out. The latest weekly economic update from the Office for National Statistics has revealed the ...

23 Dec 2021 at 14:25

No tax hike ‘on payslips’, minister insists amid confusion over ‘working people’

No tax hike on payslips, vows minister amid confusion over ‘working people’

Working people will not see higher taxes “on their payslip”, a minister said as she acknowledged frustrations over the Government’s refusal to spell out who will be hit by greater levies ahead of the Budget. Education Secretary ...

27 Oct 2024 at 15:25

City

Rachel Reeves faces claims of ‘fleeing to China’ amid concerns over UK borrowing

Rachel Reeves was accused of having “fled to China” rather than explain how she will help the UK’s “flatlining” economy after borrowing costs hit a 27-year high. Shadow chancellor Mel Stride, joined by his Conservative ...

09 Jan 2025 at 14:48

Rachel Reeves backs ‘non-negotiable’ October Budget during visit to Beijing

Rachel Reeves has vowed to stand firmly behind her October Budget, insisting during a trip to China the fiscal rules laid out in the papers are “non-negotiable”. Speaking during a visit to Beijing’s flagship store of ...

11 Jan 2025 at 06:21

UK must ‘engage confidently with China’ on trade, says Reeves

The UK “must engage confidently with China” in trade, Rachel Reeves has suggested, as she arrived in Beijing amid market turbulence at home. The Chancellor has said “choosing not to engage” with the Asian nation “is ...

11 Jan 2025 at 00:17

Manufacturing growth remains robust as signs point to easing supply chain woes

Britain’s manufacturing sector grew at a faster pace than first thought in December amid signs the supply chain crisis may be finally easing, according to new figures. The closely-followed IHS Markit/CIPS ...

04 Jan 2022 at 12:25

Council tax bills rise by 5% for third year in a row as cost pressures bite

Council tax bill rises will hit 5% in April for the third year in a row, as almost all councils increase bills up to, or close to, the maximum permitted, Government figures confirm. The average annual ...

20 Mar 2025 at 13:23

Soaring inflation could be to 2022 what supply chain crisis was to 2021

From shortages of new cars and games consoles to lorry drivers and even crisps, 2021 will be remembered by many as the year of the supply chain crisis. Just as the economy was revving up thanks to ...

30 Dec 2021 at 10:25

Economic ‘chop and change’ is damaging investment, warn MPs

A lack of “long-termism” in Government economic policy is leaving businesses unable to plan and invest for the future, a cross-party group of MPs has warned. The Commons Treasury Committee said ...

13 Jul 2022 at 01:01

Northern Ireland

Half a million jobs created in Northern Ireland in last 15 years, study says

Half a million jobs were created in Northern Ireland in 15 years, according to a study. Analysis from the Ulster University Economic Policy Centre (UUEPC) of growth in Northern Ireland from ...

09 Oct 2023 at 11:28

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