“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...

Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.

Andy Haldane, who was with the Bank for 32 years until 2021, said the Office for Budget Responsibility's (OBR) forecast in March could lead to less investment and spending.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...

British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, ...

UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes. The Chancellor ...

Truss herself accused the Chancellor of pushing Britain “to the brink of an economic crisis”. Shadow Chancellor Mel Stride ...

Spare a thought for the Chancellor. She’s going through a tough time. The headlines at the moment are brutal. While Number 10 ...

Rachel Reeves may be forced to hike taxes again this year if she is found to have broken her self-imposed fiscal rule.

Economists believe that the Bank of England’s Monetary Policy ... The figures come after a difficult past couple of weeks for Chancellor Rachel Reeves, after government borrowing costs surged ...

Falling inflation and borrowing costs are good news for the Chancellor but the Budget watchdog will not make a call on market ...

Britain's finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market slump, but for now what ...