All news on the topic: The economy

1112
Next set to deliver bumper profits despite the squeeze on consumer spending
The company has already upgraded its profit outlook five times over the past year as it has outperformed rivals amid a challenging economic backdrop
1213
Bank of England expected to leave interest rates unchanged, says top economist
The Bank of England's Monetary Policy Committee will meet during the week to see if the economy is showing signs that it's time to start cutting rates
1030
More than 2,000 UK firms went bust last month, new figures show
The level of company insolvencies spiked in February with cosmetics chain The Body Shop among the high street brands to collapse into administration
502
Berkeley Group on track to report £550m pre-tax profit despite house sale fall
The group, which specialises in urban regeneration projects and higher-end homes, told investors that it is on track to report a pre-tax profit of £550m
520
John Lewis warns more jobs could be cut to save costs despite return to profit
The John Lewis Partnership has cautioned over possible job cuts in the year ahead as part of an overhaul
627
Bank transfers could be delayed by up to four days under new plan to stop scams
The UK has seen an increase in authorised 'push payment' fraud over the past few years, and in 2022 victims lost £485 million to such scams, the Government said
567
John Lewis announces return to profit but staff will miss out on bonus again
The group which owns the John Lewis department stores and Waitrose supermarket chain reported pre-tax profits of £56 million for the year to January 27 against losses of £234 million in the previous year
516
All the issues Trump and Biden must overcome before November election rematch
Both current President Joe Biden and former President Donald Trump have a slew of issues they must overcome if either of them hope to win reelection and beat out the other in November
1163
Initiative launched to improve insurance cover for fire safety risk buildings
The Fire Safety Reinsurance Facility aims to help increase insurance market competition to cover properties affected by combustible cladding and other fire safety problems
744
One in five shop staff has suffered a violent attack, reports retail union Usdaw
A survey of more than 5,500 shop staff showed that almost one in five suffered a violent attack last year, compared with 8% in 2022.
1078
Starling Bank appoints OVO Energy boss as new group chief executive officer
Raman Bhatia will take over as group chief executive from John Mountain, who took over on an interim basis in May
820
Economy grew in Janaury raising hopes UK could already be out of recession
The Office for National Statistics said that the economy grew by 0.2% in January after shrinking 0.1% in December
441
Abolishing inheritance tax would be a 'win-win', says former Tory minsiter
The standard inheritance tax rate in the UK is 40% on estates valued over £325,000
951
Wage growth slows as unemployment rises, but earnings still outpacing inflation
The Office for National Statistics said average regular pay growth, excluding bonuses, fell to 6.1% in the quarter to January, down from 6.2% in the three months to December
498
JD.com and other China stocks trade higher as annual parliamentary meeting ends
China's consumer price index bounced back by 0.7% in February, hitting an 11-month high, driven by a surge in spending over the holiday season, according to data from China's statistics bureau
770
BT and Virgin Media to protect vulnerable customers during landline switch
The telecoms industry is currently upgrading landline services to new digital technology using an internet connection
692
DS Smith shares soar as Amazon packaging firm agrees to £5.1 billion takeover
The mega-merger is set to create a paper and packaging giant worth more than £10 billion in value
1183
The crisis in NHS dentistry is an economic problem as well as a moral failure
Since the Tories came to power the money available to fund dental work on the NHS has been cut by a third. They should finally wake up to the crisis they've created
588
Chris Packham sent every MP Dale Vince's book and urged them to read it
The new edition of Mr Vince's book urges readers to "stop the Tories" to stop the climate crisis and argued Rishi Sunak's decision to axe key climate pledges had handed Labour an advantage
1217
Sunak 'failed to learn' from Truss as Labour blast £46bn unfunded tax cut plan
Tory plans to abolish National Insurance would cost £46billion, more than the tax cuts announced by the former PM in a budget that sent mortgages skyrocketing
491
Tories need to get election over with to spare them (and us) any more pain
While the Tories flounder at the bottom of the polls and with major pressure on Rishi Sunak, the best thing would be to call an early election in May to get the pain over and done with
1097
Thatcher’s brutal war on miners should be taught in our schools
Forget history lessons about kings and generals, this is the stuff our children should never forget
609
Women feel less confident about investing than men, HSBC study reveals
Only 31% of women feel they know enough to make informed choices about investing compared to 44% of men
1173
Homeowners who sold a detached property in 2023 made an average gain of £137,000
Those who sold bungalows made the next biggest gross gain typically, at £102,000, Zoopla found