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The Latest Breaking News from Samuel Tombs

If recession hits the UK, a base rate rise is the last thing we need

This week’s decision on interest rates will be fraught, but many think Britain is heading the same way as the US

The Guardian - UK · Jul 30, 2022

Holidaymakers warned of Dover ferry queues; survey shows UK economy slowing – as it happened

Rolling live coverage of business, economics and financial markets as retail sales and factory surveys suggest UK economy losing momentum

The Guardian - UK · Jul 22, 2022

UK economy contracts in April as costs crunch sends Covid recovery into reverse

The Office for National Statistics said gross domestic product fell by 0.3% in April, following a fall of 0.1% in March.

The Independent UK · Jun 13, 2022

From analysis to the latest developments in health,
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Boris Johnson wants tax cuts – but can he deliver them in time?

PM must act quickly as economy and household finances worsen, but Treasury is not sympathetic

The Guardian - UK · Jun 10, 2022

Sunak faces calls for help with living costs as budget deficit lower than forecast

Tax receipts are weaker than expected, revealing impact of UK’s slowing economy

The Guardian - UK · May 24, 2022

Households ‘borrowing more but unwilling to touch savings’

The annual growth rate for consumer credit borrowing picked up to 5.2% in March, marking the highest annual rate since February 2020.

The Independent UK · May 4, 2022

UK credit card borrowing surges amid cost of living crisis

Concerns that low-income households are turning to expensive forms of lending as inflation soars

The Guardian - UK · Mar 29, 2022

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