The Latest Breaking News from Economy

Inflation is down in Europe

Andrew Griffith says government will stick to spending proposals despite growing pressure to cut taxes

But Andrew Griffith stresses that the focus ‘right now’ must be on cutting inflation

Updated GDP figures show UK recovering faster from pandemic than Germany or France, but mortgage approvals have fallen

The ONS had already revised the UK’s GDP for 2021 dramatically upwards, so an unchanged growth rate means a larger economy than first thought

By the time of the next general election, taxes will likely have risen to around 37% of national income, according to analysis by the IFS

Many millions of Chinese tourists are expected to travel within their country, splurging on hotels, tours, attractions and meals in a boost to the economy during the 8-day autumn holiday period that began Friday

By the time of next general election, taxes will likely have risen to around 37% of national income

NEW DELHI: The Rohit Sharma-led Indian team for the upcoming ICC ODI World Cup made just one change to its provisional 15-member squad on the last day of final submission to the International Cricket Council (ICC) on Thursday. Veteran spinner Ravichandran Ashwin was included in place of Axar Patel, who…

By the time of the next general election, taxes will likely have risen to around 37% of national income, according to analysis by the IFS.

The economy remains the number one issue in the UK, but worries about inflation appear to have eased.