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The Latest Breaking News from Niesr

Chancellor on track to miss fiscal rules, says economic forecaster

Economic growth is also on track to be weaker than previously expected this year, according to the Niesr think tank.

The Independent UK

Chancellor Rachel Reeves on track to miss fiscal rules by £63billion, says economic forecaster

Economic growth is also on track to be weaker than previously expected this year, according to the National Institute of Economic and Social Research

Evening Standard

UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Malta and Slovenia as institute urges rethink on planned welfare cuts

The Guardian - UK

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Poorest in Britain worse off than Slovenia and Malta after 15 years of stagnant wages, report warns

A damning report found that the worst off in parts of Britain are now poorer than those in Slovenia and Malta after a decade and a half of stagnant incomes

The Independent UK

UK economy on course for 1.5% expansion, NIESR predicts

Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hit

The Guardian - UK

Embattled Rachel Reeves gets Budget boost with growth forecast – but Trump tariffs will damage UK economy

Think tank says GDP growth is likely to be 0.2 percentage points lower in the first year of tariffs if implemented by the US president

The Independent UK

Ditch Brexit trade barriers, Starmer told amid fears over impact of Trump tariffs

Exclusive: Warning from a leading trade expert comes as new projections show tariffs imposed by Trump could shrnk the UK economy over the next three years and wipeout growth ahead of the next general election

The Independent UK

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No winners if Trump sparks global trade war, Starmer warned

Exclusive: Tariff war with US would create ‘very challenging market for UK’, Britain’s top international trade expert says

The Independent UK

European markets fall back but Wall Street surges after Trump victory

The FTSE 100 opened firmly higher but handed back all its gains to close lower at the end of trading.

The Independent UK

Global stock markets rally as Donald Trump takes victory in US election

Strong gains in premarket trading in New York showed stocks on Wall Street look set for a fresh rally on Wednesday in response to the result.

The Independent UK

Global stocks soar as Trump wins US election

Global stocks rallied after Donald Trump’s historic election win as the result offered certainty to markets

The Independent UK

Trump tariffs would halve UK growth and push up prices, says thinktank

NIESR warns British economy would be one of the worst affected by protectionist policies

The Guardian - UK

‘Levelling up’ began five years ago. Now we’re more divided than ever. Is this the UK’s fate?

Shocking new figures show that, outside London, a combination of poor transport, failing schools and lack of housing has brought the country low

The Guardian - UK

Starmer warned just ‘tinkering’ with EU Brexit deal will not save UK economy

Exclusive: New economic report has blown open the Brexit debate in the UK as the Labour government seeks to strike a fresh deal with the EU

The Independent UK

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The Independent UK

Rachel Reeves says Canadian model for pension funds can ‘fire up’ UK economy

The chancellor has called on schemes to join together and invest billions in Britain as she tries to hit her growth targets.

The Guardian - UK

UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’

Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year

The Independent UK

Experts warn new EU deal needed with ‘Brexit uncertainty’ still damaging confidence in UK economy

Brexit renegotiation and a massive increase in public investment are needed if Keir Starmer and Rachel Reeves want to turn around the UK’s flagging economic fortunes, a major thinktank has said

The Independent UK

Rayner to set out overhaul of planning rules to clear path for new social housing

Angela Rayner has said the planning system should be a ‘launchpad’ rather than a millstone ahead of setting out changes next week

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The Guardian - UK

Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank

Niesr says current limits on government borrowing fail to stimulate growth and hinder net zero ambitions

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

Top News

UK living standards to gradually improve, says NIESR

Discover how UK living standards are expected to gradually improve, according to NIESR. Stay informed about the future prospects of the British economy.

The Guardian - UK

UK’s poorest have borne brunt of cost of living crisis, says thinktank

‘Deep-scarring effects’: Living standards for hardest hit won’t return to pre-pandemic levels until 2027, report predicts

The Guardian - UK

Hunt urged to invest £30bn a year in infrastructure or risk ‘decade in doldrums’

Thinktank says stronger than expected tax revenues have given chancellor scope for bold package in autumn statement

The Independent UK

Real incomes ‘will not return to pre-Covid levels until 2026 for many families’

The National Institute of Economic and Social Research said interest rates are likely to have peaked at 5.25%.

The Independent UK

UK inflation rate tumbles sharply but recession still looms, economists warn

Experts warn slump in economy could soon overtake cost of living as main worry for UK

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