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- Feed Preview Economics | The Guardian
UK mortgage approvals hit six-month low; pandemic recovery faster than expected – as it happened
Updated GDP figures show UK recovering faster from pandemic than Germany or France , but mortgage approvals have fallen UK ECONOMY MAKES STRONGER RECOVERY FROM PANDEMIC THAN FIRST THOUGHT UK hou...
UK economy makes stronger recovery from pandemic than first thought
Revisions to figures show stronger performance than Germany and France but momentum starts to stall Business live – latest updates The UK economy made a faster recovery from the Covid pandem...
UK households face tax rise of £3,500 a year by next election, finds IFS
Thinktank says Tories have overseen the biggest increase in taxes during a parliament since records began in 1951 UK households are facing an average tax rise of £3,500 a year by the next elec...
Investigation launched into killings and evictions on World Bank tourism project
Tanzania government blamed for violence against villagers in national park, while thousands more people face losing their homes The World Bank is investigating allegations of killings, rape and...
Childcare costs ‘soaring by £600-plus a month’ as firms insist on return to office
Survey finds parents under pressure, as second study finds some are leaving workforce because of costs Parents of nursery and primary school-age children are facing more than £600 of extra chi...
https://www.theguardian.com/money/2023/sep/28/childcare-costs-return-to-office-parents-pebble
Europe’s workers face bleak winter as firms ‘profiteer’, says union chief
Millions ‘holding on with their fingertips’ due to high interest rates, squeezed wages and Covid costs, says the European TUC boss, Esther Lynch Workers across Europe are “holding on with...
UK economy ‘will shrink for two years as eurozone and US grow’
Thinktank chief and former Bank MPC member gloomy about stubborn inflation and labour shortages The UK economy will shrink this year and in 2024, according to a report by a leading US thinktan...
UK’s cost of living crisis will cause thousands of premature deaths, study says
Study in the journal BMJ Public Health suggests premature deaths will rise 6.5% this year The cost of living crisis will probably cause thousands of premature deaths in the UK and significantly...
Why has HS2 ended up being so expensive?
The project is shrouded in uncertainty and other countries’ railway constructions appear to be cheaper Sunak may seek to limit HS2 fallout with new transport projects in north The future of ...
https://www.theguardian.com/uk-news/2023/sep/25/why-has-hs2-ended-up-being-so-expensive
UK economy hit by ‘renewed signs of stress’ as growth slows; pound at six-month low – as it happened
Rolling coverage of the latest economic and financial news Great British slowdown has hamstrung our economy – thinktank JUST IN: EU ANTITRUST REGULATORS HAVE BLOCKED BOOKING HOLDINGS’ PROP...
Over 50s in the UK: tell us why you are working part-time
We’re keen to hear from UK workers aged 50 and over what their reasons are for working part-time, and how this is affecting their lives Record numbers of people in their 50s and older are in ...
Great British slowdown has hamstrung our economy – thinktank
Country needs successful firms to grow and struggling ones to shrink, says Resolution Foundation The UK needs more businesses to fail, or at least shrink, to solve the economy’s long-running ...
UK’s political short-termism is killing hopes of business investment | Richard Partington
Without economic stability the country is likely to be left without solid foundations for recovery Lehman Brothers was still in business, Gordon Brown was the prime minister and George Bush was...
Struggling self-employed in UK would prefer salaried job security, report claims
Mental health issues and lack of faith in government support are driving desire to change status Mental distress and financial insecurity has pushed 40% of self-employed workers to say they wou...
It’s a lie promoted by the right that state help saps people of their drive | Torsten Bell
There is no sign that furlough drove people away from the labour market, and research on Roosevelt’s New Deal found that big government bound the country together Liz Truss is back in the news...
A year after Truss’s demolition job, the UK is still in a hole
Her worst ideas were reversed, but today’s economy is similarly floundering as Sunak prepares for his own autumn budget Imagine an alternative world. Liz Truss has just completed her first ye...
Zombie Britain sees zero growth – and that’s the good news
Some surveys predict recession, but with pay and confidence rising, they may be wrong. That’s the best we, and the PM, can hope for Another year of stagnation beckons. Well into 2024, we’l...
UK lenders expected to make further mortgage rate cuts next week
Mounting optimism that home-loan costs have peaked after Bank of England keeps interest rates on hold SHOULD YOU CHOOSE A TWO-YEAR OR FIVE-YEAR FIXED MORTGAGE? UK lenders are expected to launc...
UK recession risk grows as higher interest rates weigh on firms
Service sector and manufacturing output falls, with cost of living crisis also hitting businesses Business live – latest updates Britain’s economy is at growing risk of recession, with ind...
Bank capital rules alone won’t stop failures – supervision is vital | Howard Davies
The US Fed is planning tough reforms, but earlier intervention could have prevented collapses at Silicon Valley Bank and others Bank capital is back in the financial headlines. In late July, US...