UK economy

Labour grapples with plans for a British wealth fund – without the wealth

Business
Robert Johnson

Top bosses from Aviva, Equitix and Brunel Pensions are also involved, giving an indication of the type of institutional investors Labour is ...

Pound surges as summer rate cut hopes vanish

Business
Robert Johnson

Thanks for joining me. We begin the day with the announcement of an impending fall in energy bills. The Ofgem price cap ...

Bank of England will cut interest rates in August, says Goldman Sachs

Business
Robert Johnson

Thanks for joining me. We begin the day with the economic news that has been keenly anticipated by mortgage holders and the ...

Gold surges to record after Iran’s president killed in crash

Business
Robert Johnson

Thanks for joining me. The price of gold has hit a new record high after Iran’s president was killed in a helicopter ...

Exploitation and immigration fraud is fuelling Britain’s black economy

Business
Robert Johnson

If we discovered a business leader had amassed their fortune not only by making a tidy profit on the goods or services ...

‘Socialistic’ London has lost its mojo, says Wizz Air boss

Business
Robert Johnson

It makes the prospect of Mr Váradi receiving his £100m bonus, first promised in 2021, faint. Under the terms of the deal, the ...

The radical new Dutch government is the canary in the EU coal mine

World
Emily Foster

Electric car subsidies will be scrapped, while heat pumps will no longer be mandatory. “Red diesel” will be brought back for farmers, ...

Energy bills to fall to lowest level in two years

Business
Robert Johnson

Thanks for joining me. We begin the day with figures showing retail sales unexpectedly slowed in China as and the property sector ...

Strong wage growth hits hopes of interest rate cut

Business
Robert Johnson

Thanks for joining me. Average wages have grown faster than expected in a blow to hopes for interest rate cuts in June. ...

Wages grow more in 12 months than over previous 16 years

Business
Robert Johnson

Wages have grown more over the past 12 months than over the previous 16 years, despite the productivity crisis plaguing Britain’s workforce, ...