Rachel Reeves denies Labour is pursuing austerity as Civil Service cuts confirmed
It comes after a backlash to cuts to welfare spending and a decision to slash the aid budget to fund a boost to defence spending.
Rachel Reeves says Labour can’t ‘tax and spend our way to higher living standards’ before spring statement
Chancellor warned ‘that's not available in the world we live in today’ as she prepares to unveil cuts on Wednesday ...
Strong wage growth and some good news for government in ONS labour market data
Continued wage rises kept interest rate setters cautious as pay rises can spur inflation. But there was good news for the ...
MoneyWeek4d
Benefit reforms: Labour overhauls “worst of all worlds” welfare system
The government outlined a series of reforms to the health-related benefits system on Tuesday afternoon, aimed at saving £5 ...
ABC News3d
With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
The Bank of England has kept its main U.K. interest rate ... a hugely disappointing outcome for the new Labour government, which has made boosting growth its number one economic policy.