Experts have warned that the bank holiday for the Queen’s funeral raises the risk of Britain’s already faltering economy falling into a recession sooner than expected.
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24th Oct 2026 | Updated at 09:37am 24th Oct 2026
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The UK economy grew more slowly than expected in July as worker shortages and soaring costs weighed on activity amid the heightened risk of recession. The Office for National Statistics said gross domestic product (GDP) rose by 0.2% in July,...
Britain's new finance minister Kwasi Kwarteng told bankers and investors that the government would need to borrow more than planned to support households and businesses through the energy crisis. In his first public move since being appointed...
Following the death of Queen Elizabeth, the Bank of England has postponed a key decision on interest rates. It said that "in light of the period of national mourning", the Monetary Policy Committee's decision would now be announced on 22 September.
New PM Liz Truss will go ahead and announce her tax slashing mini budget within weeks despite the death of the Queen. She has vowed to scrap the rise in...
Inflation is set to leave average real pay 9 per cent lower than two years previously by next spring, the Resolution Foundation said, wiping out all pay growth since 2003. Without government support, another 3mn people will be pushed into absolute...
The number of passengers flying with British Airways suffered 80 per cent drop during the pandemic and the airline was still struggling to recover after restrictions lifted last year, new figures show. A ranking of 600 operators tracked in the...
House prices rose at a double-digit rate for the 10th consecutive month in August as a lack of supply supported valuations despite mortgage rates increasing and the cost-of-living crisis.
Research shows that 18% of British adults have experienced financial abuse at present or in the past. Of this, one in five women (21%) and one in seven men (15%) have been a victim.
UK's Revenue & Customs (HMRC) is chasing hundreds of rent drivers for unpaid tax as new registration necessities expose the dimensions of undeclared revenue amongst drivers who function through on-line apps. HMRC is going to write to about 4,000...
