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Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn
A government assessment significantly reduced the estimated funds from workplace pension surpluses available for economic investment, challenging projections that aimed to substant...
Read Full Article →Why are steel and fishing the only industries politicians care about? What about the ones that make...
Although steel and fishing receive significant political attention, sectors like education contribute substantially more to the UK economy, highlighting a disparity in the prioriti...
Read Full Article →IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – business live
The International Monetary Fund’s updated projections indicate improved economic prospects for the United Kingdom in 2025, while the postponement of US tariffs on European goods ha...
Read Full Article →Rachel Reeves should refine fiscal rules to avoid emergency spending cuts, IMF says
The IMF’s improved growth outlook for the UK highlights the importance of revising fiscal strategies to maintain budget stability and reduce the risk of sudden reductions in public...
Read Full Article →Starmer denies claim ‘win-win’ UK-EU deal has sold out fishing sector – video
The recently finalized UK-EU agreement is expected to boost the economy by £9 billion and reduce food costs, while extending fishing access rights for an additional 12 years.
Read Full Article →GDP rise and a less scary outlook offer Rachel Reeves some rare cheer
The recent 0.7% increase in the UK’s GDP during the first quarter signals a potential economic rebound that could support government efforts to stabilize growth amid political chal...
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 →Reeves’s Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley
Several major UK pension funds have voluntarily committed to increasing domestic private market investments, but the numerous attached conditions and optimistic financial projectio...
Read Full Article →UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
The reduction in borrowing costs aims to support economic activity amid ongoing challenges, potentially influencing lending rates for consumers and returns on savings in the UK fin...
Read Full Article →Keir Starmer hails 'historic' trade deal with India – video
The newly finalized agreement between the UK and India is expected to significantly boost the British economy by increasing trade opportunities and supporting key industries over t...
Read Full Article →UK consumer confidence at lowest level since December 2022, says Which?
Diminished optimism among UK consumers regarding economic prospects may lead to reduced spending, potentially slowing growth and impacting market stability amid ongoing geopolitica...
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