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The Latest Breaking News on Economy

What is a Swiss-style Brexit deal, and could Britain have one?

Switzerland’s relationship with the EU is not simple

The Independent UK

Biden's soft landing message

The Biden administration has developed a mantra when talking about the economy.

Axios

End Brexit rows and use immigration to solve worker shortage, CBI chief to tell MPs

‘The best guarantor of Brexit is an economy that grows. Its biggest risk is one that doesn’t,’ Tony Danker says

The Independent UK

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Make tough choices on Brexit and immigration to boost growth, says CBI

Senior politicians are expected to attend the business body’s two-day conference.

The Independent UK

Millions more to need benefits as recession woes bear down

The Office for Budget Responsibility forecasts a 13.4 per cent rise in people placed on health and disability benefits

The Independent UK

The Observer view on Britain’s financial crisis being made in Russia – oh, come off it, Jeremy Hunt

Britain is largely in the mess it’s in because of a decade of Tory austerity policies, compounded by the destructive lies told about Brexit

The Guardian - UK

‘I can’t see any light at the end of the tunnel’ – a family reacts to the autumn statement

The Burns family is still recovering from Covid’s financial fallout but now higher bills and rising taxes are hurting too

The Guardian - UK

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UK economy damaged by ‘own goals’ like Brexit and Liz Truss’s Budget, economists say

Institute for Fiscal Studies says UK faces ‘long, unpleasant journey’ over next few years

The Independent UK

Michael Pascoe: Once more for the dummies – we need higher wages

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.

The New Daily

Hunt’s budget will mean 19 years of wage stagnation, warns thinktank

Resolution Foundation says had wages grown at the same rate as before 2008, annual pay in 2027 would have been £15,000 a year higher

The Guardian - UK

'Liz Truss left us in turmoil and it is getting worse' says people of Leeds after Autumn statement

People across the city have felt the effects of the cost of living crisis

Leeds Live

Disposable income to suffer biggest drop since 1956

Watchdog shares grim outlook after Chancellor Jeremy Hunt outlines billions of pounds of stealth taxes and cuts

Wales Online

Biggest hit to living standards on record as Hunt lays out autumn statement

Austerity is pushed back until after the next election amid evidence of higher energy bills and a protracted recession

The Guardian - UK

Autumn budget key points at a glance and what it means for you

Chancellor Jeremy Hunt announced a wave of new economic measures on Thursday

Manchester Evening News

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The Independent UK

Autumn statement 2022: Grim historic milestones facing the UK economy

Living standards are set to slump back to levels last seen in 2013/14.

The National (Scotland)

UK Budget leaves Scotland with 'no hope' of helping those most in need, says Swinney

THE Chancellor's budget announcements leave the Scottish Government with 'no hope' of helping those most in need when it comes to setting its own…

The Independent UK

Swinney: Increasing public sector pay will mean spending cuts

It comes as nurses and teachers have voted to strike in a bit for a better wage deal.

Evening Standard

Autumn Statement post-mortem: living standards to plummet as taxes soar

If there is one figure to bear in mind amid a sea of epically bad numbers in today’s Autumn Statement and accompanying Office for Budget Responsibility (OBR) fiscal outlook, it is this: underlying public sector net debt will be £400bn (18% of GDP) higher in 2026-27 than was forecast in…

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Evening Standard

Conservatives go against 2019 manifesto pledge to keep foreign aid at 0.7% of gross national income

Autumn Statement says spend will be 0.5 per cent until April 2028

The National (Scotland)

Pound plummets as markets spooked by Tory austerity budget

THE pound has dropped sharply against the US dollar as financial markets fretted over warnings the UK is already in recession and fears Chancellor…

Daily Mirror

Disposable income set for biggest drop since 1956, watchdog warns

The Office for Budget Responsibility (OBR) shared its grim outlook after Chancellor Jeremy Hunt outlined billions of pounds of stealth taxes and cuts

Daily Record

Nicola Sturgeon accuses Jeremy Hunt of 'reintroducing austerity' and claims independence offers Scotland an alternative

The First Minister claimed the "alternative to Tory mismanagement of our economy" was "self-management of our economy, otherwise known as independence".

The Independent UK

Martin Lewis gives verdict after government launches tax hiking Budget

Jeremy Hunt acknowledged there will be a ‘very big fall’ in living standards

The Independent UK

Tories repeating past mistakes with autumn statement, warns Sturgeon

The Scottish First Minister said the UK Government’s choices may bring ‘significant consequences’.

The Guardian - UK

Worst fall in UK living standards since records began, says OBR

Spending watchdog says Britain is in recession and unemployment will rise by 500,000

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People

From analysis to the latest developments in health,
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Organisations

Resolution Foundation

283 stories

Trussell Trust

208 stories

Office for Budget Responsibility

82 stories

Institute for Fiscal Studies

78 stories

Joseph Rowntree Foundation

37 stories

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