News from The Guardian – Business
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UK private sector shrinking as firms cut jobs; pressure to raise taxes as government borrowing jumps...
Rising government borrowing in the UK highlights increased fiscal challenges, as economic contraction and job reductions in private firms intensify pressure on budget policies and...
Read Full Article →UK borrowing rises to £20.2bn, putting pressure on Rachel Reeves
The unexpected increase in public sector borrowing to £20.2 billion highlights the ongoing challenge of balancing economic growth and fiscal responsibility for the UK government.
Read Full Article →Energy bill defaults hit record high, says ONS
Recent data from the government indicates a rising number of households are facing financial difficulties, leading to an increased rate of missed automatic payments for utility ser...
Read Full Article →UK economy defies gloomy warnings to grow 0.7% in first quarter of year
The economy's unexpected expansion in early 2024 reflects increased business investment and export activity, boosting market confidence despite previous forecasts of economic downt...
Read Full Article →UK unemployment rises to highest in nearly four years
Increased employer national insurance payments have coincided with a decline in available positions, contributing to a slower labor market and a growth in the proportion of individ...
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