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.

After backing a Heathrow runway, a North Sea drilling licence could push Labour supporters into the arms of other progressive parties, prompt cabinet splits and public rows. But if this government ...

Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5% - The Bank of England has cut interest rates ...

Abby Thomas has stepped down as head of the Financial Ombudsman Service The head of a leading consumer watchdog has been ...

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, ...

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 ...

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

Abby Thomas has stepped down following criticism over the ombudsman service’s role in the motor finance commission scandal.

The rising cost of support for people with long-term health conditions — set to rise to a staggering £100bn by 2029-30 in cash terms on current projections — has become a huge source of pressure on ...

Chancellor Rachel Reeves has visited Doncaster to address business leaders and meet with the city’s mayor Ros Jones to ...

EXCLUSIVE: The future of the 104-year-old attraction is at grave risk after costs soared thanks to Rachel Reeves's Budget.