Policies risk creating “a snowball effect” that pushes Britain’s £105 billion-a-year interest payments higher, experts told CNBC.

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount. Gross domestic ...

The much-anticipated UK government’s Spending Review (SR) 2025 was delivered yesterday (11 June), which sets departmental ...

Rachel Reeves reeled off a dizzying list of wildly varying numbers and time horizons, covering programme after programme ...

Companies were hammered by a steep rise in employment taxes. Business rates went up sharply as reliefs were wound down. The ...

Rachel Reeves‘s first major spending review as Chancellor has failed to convince many voters, according to same-day polling conducted in the immediate aftermath of her announcement.While some ...

The Worldcom Public Relations Group (Worldcom), the leading global partnership of independent public relations firms, ...

Recurring applications for US unemployment benefits rose to the highest since the end of 2021, adding to evidence that it is ...

The Federal Reserve's path to interest rate cuts starting in September appeared to widen on Thursday, after a pair of ...

The “International Editors-in-Chief Roundtable,” co-hosted by Global Times and Global Times Online (huanqiu.com), was ...