Westminster returns: what next for the government’s growth agenda?
As MPs and their staff prepare to return to parliament, the political pressure on Keir Starmer’s government to deliver economic growth is ramping up. With inflation, unemployment and the cost of government borrowing all rising, the political fundamentals aren’t looking favourable. As Labour approaches the party conference season and what is shaping up to be […]
Labour seen as biggest factor behind Britain’s economic woes, poll finds
The decisions taken under the incumbent Labour government are seen as the biggest factor behind Britain’s economic woes, polling has found. The new research, conducted by Ipsos, points to widespread pessimism in the country about Britain’s economic prospects and the cost-of-living. Almost half of Britons (47 per cent) believe the UK is currently in recession […]
Why a circular economy for organic waste is a key opportunity to promote growth and food security
The new Labour government has got off to a flying start when it comes to waste and resources policy, but it could be missing a key opportunity for delivering food security and sustainable growth through a circular economy for organic waste. Action so far includes progress on the Deposit Return Scheme, delivering new incentives to […]
Opposition parties take aim at Rachel Reeves over inflation rise
The chancellor, Rachel Reeves, has been a conspicuous presence in the headlines recently — and not just on account of her zealous commitment to economic growth, which Labour stresses at every given opportunity. A recent BBC News investigation found Reeves stopped working for the Bank of England nine months earlier than it stated on her […]
Rachel Reeves vows not to accept an ‘economy that has failed working people’
The chancellor has vowed not to accept an “economy that has failed working people” following unexpected growth of 0.1 per cent in the final quarter of 2024. The Office for National Statistics reported a 0.1 per cent rise in gross domestic product (GDP) during the fourth quarter, with a recovery for growth in services and […]
Senior Conservative ‘really worried’ about the economy his party could ‘one day’ inherit
A senior Conservative has expressed concern about the state of the economy his party “might inherit” following a future general election. Andrew Griffith, the shadow business secretary, said he is “not surprised” that inflation has risen once again and pointed to data that suggests a slowdown in hiring activity. Inflation climbed to an annual rate […]
UK inflation climbs back above Bank of England target
Inflation has risen back above the Bank of England’s 2 per cent target after a rise in energy bills, official figures show.
‘The Conservatives are gaslighting the British public’ – Rachel Reeves’ economic future speech in full
Shadow chancellor Rachel Reeves accused the government of “gaslighting” the public about the economy in a major speech on Tuesday morning. She said ministers’ optimistic statements are “out of touch” with Britons still struggling with the cost of living. It comes ahead of key figures likely to show the UK emerging from recession later this […]
Rishi Sunak insists economy is ‘on the right track’ ahead of pre-election budget
Rishi Sunak has insisted the UK economy is “on the right track” as he visited the site of the former Honda car factory on Monday morning. The Japanese car giant’s plant in Wiltshire shut in 2021 with the loss of thousands of jobs. The site was sold to developer Panattoni to turn into a logistics […]
Wera Hobhouse: ‘Green investment could have thwarted recession — now it can revive Britain’s ailing economy’
Despite assuring the nation that the UK’s economy was on the incline on Wednesday 14th February, millions of Brits woke up the next morning to find that the Prime Minister had driven the country into recession. How could this have been avoided? One option was not to waste the golden opportunity provided to the UK by […]
