Rachel Reeves Gets That Growth is the Only Way Out
We got the latest UK employment data this morning. With the usual caveats around its reliability, there are signs of the market slowing — unemployment rose from 4.3% to 4.4% — but wage growth remains strong. Both regular pay and pay with bonuses rose by 5.6% in the year to November, which means wages are rising well ahead of inflation.
Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...
The boss of Lloyds Banking Group Plc said he welcomed the UK government’s recent decision to intervene in a landmark court ...
Forcing banks to pay drivers billions of pounds in compensation for mis-sold car finance would be “bad for working families”, ...
Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK ...
Rachel Reeves is safe in her position as Chancellor of the Exchequer, one of the most senior members of Prime Minister Keir ...
Rachel Reeves clashes with Sadiq Khan over third Heathrow runway as she hits out at people who 'always say no' to growth - ...
Chancellor of the Exchequer Rachel Reeves said she will relax some of her changes to the UK’s tax regime for wealthy foreigners, known as “non-doms,” amid concerns the Labour government’s policies are ...
Chancellor of the Exchequer Rachel Reeves said the chair of Britain’s antitrust watchdog stepped down because he knew it was ...
Thursday’s report on US economic activity surfaces a day after the conclusion of the first Federal Reserve policy meeting of 2025. Against a backdrop of healthy demand and stubborn inflation, ...
Martin Ivens is the editor of the Times Literary Supplement. Previously, he was editor of the Sunday Times of London and its ...
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