‘High risk’ UK carbon capture projects face funding cuts
The government announced £21.7bn of funding over 25 years for carbon capture in October but the money only went to two regions — in Teesside and Merseyside — leaving projects in the Humber and ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living ...
DAILY MAIL COMMENT: Rachel Reeves's Budget, the slow-mo car crash
With the economy resembling a slow-motion car crash, her unsuitability as Chancellor is ever more painfully obvious.
ALEX BRUMMER: Stagflation’s back and it’s a disaster entirely of Rachel Reeves’s making
Labour, which campaigned on a pledge to promote growth, has created a new era of 'stagflation' - a devastating combination of ...
From Rachel Reeves’ Budget to Trump’s trade war- Bank of England Governor Andrew Bailey answers YOUR questions
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Second watchdog chief ousted amid Reeves’s clampdown on anti-growth regulation
Abby Thomas has stepped down as head of the Financial Ombudsman Service The head of a leading consumer watchdog has been ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Too many people ‘taking the mickey’ with benefits, work and pensions secretary says
Work and Pensions Secretary Liz Kendall told ITV News' Anushka Asthana the number of people saying they can't work when they ...
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves ...
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Leadership Shake-Up at Britain's Financial Ombudsman Service
Abby Thomas, the chief executive and chief ombudsman of Britain's Financial Ombudsman Service, is stepping down after more than two years. The announcement comes amid increased pressure from finance ...
Financial Ombudsman Service chief quits months after Reeves’ call for reform
Abby Thomas has stepped down following criticism over the ombudsman service’s role in the motor finance commission scandal.