Rishi Sunak is reinstating the ban on fracking that Liz Truss controversially lifted. Answering questions, the new prime minister said he stands "by the manifesto" on fracking. The Conservative 2019 manifesto placed a moratorium on fracking...
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5th Dec 2025 | Updated at 03:29am 5th Dec 2025
Where is growth in the Budget?
Rachel Reeves and the government have missed a real opportunity to put our country on a growth trajectory in this Budget.
Why Britain’s middle class feels squeezed
- 04 Dec 2025
Rachel Reeves has pulled a staggering £66bn from the UK economy: £40bn in the October 2024 Budget, largely from businesses, and another £26bn in the November 2025 Budget, hitting workers, the wealthy and businesses to fund higher welfare spending...
The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending cuts under new Prime Minister Rishi Sunak. Analysts believe that BoE at its eighth...
The pound hit a six-week high as Rishi Sunak became prime minister, another sign of the markets welcoming the country's new leader. Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day - the highest...
Banks have withdrawn 60 per cent of mortgages for small-deposit borrowers since the start of the year making it more difficult for first-time buyers to enter the property market, according to new findings. The number of loan-to-value mortgages...
Prime Minister Rishi Sunak has warned of a ‘profound economic crisis’ and ‘difficult decisions’ ahead – with rumours now swirling that a range of public...
Royal Mail is set to cut as many as 6,000 jobs over the next year and there could be more redundancies ahead as the industrial dispute gripping the company shows no sign of easing.
Free travel for Londoners aged 60 and above that was axed during the pandemic may never be restored, Sadiq Khan’s top transport aide has admitted.
Cost of living pressures are getting even greater as Britons are heading into autumn and winter, with the need for more heat and light in homes. Household...
Liz Truss has announced yet another humiliating U-turn after admitting her mini-Budget went "further and faster" than markets were ready for - but refused...
The Bank of England said that its intervention in the UK government debt market recently had prevented a £50 bn fire sale of gilts that would have taken Britain to the brink of a financial crisis.
