Over 300,000 people have been pushed into poverty by rising mortgage interest rates, according to a new report warning policymakers could be misled by poverty statistics which mask the true scale of...
The rural idyll is central to British culture but its inhabitants are protesting over energy, crime and failing infrastructure. PF finds out what’s gone wrong.
The Bank of England faces calls to cut inflation at its next Monetary Policy Committee meeting after inflation was found to be at its target rate for the second consecutive month.
The Labour Party’s landslide election victory on the promise of “change” will not lead to big differences in the government’s approach to fiscal policy, analysts at ratings agency Fitch have...
Inflation coming down to the Bank of England’s target was not enough for the Monetary Policy Committee to begin cutting interest rates, which still sit at a 16-year high and have been blamed for...
The poor performance of cities such as Birmingham, Manchester and Glasgow has created a “yawning prosperity gap” between the UK and other advanced economies, according to a new report.
The government is to press ahead with new powers to allow the empty high street properties to be auctioned off despite “significant reservations” among local authorities over the proposals’...
The UK economy will grow more slowly than any other advanced economy next year, the OECD has warned in a downbeat assessment of the nation’s prospects.
Inflation has continued to fall according to the latest Office for National Statistics data, adding to the pressure on the Bank of England to cut rates at its next meeting.
Projects paid for through levelling up funding pots have faced huge delays and the government does not plan to evaluate their long-term success, despite the fact it was supposed to be a flagship...
Disappointing and divisive. That seems to be the mood around the Chancellor’s budget, which in reality brought little cheer for the general public or those working in local government, writes Nigel...
National GDP grew by 0.2% in January, signalling that the UK economy is out of its technical recession – but the country remains in a period of prolonged stagnation.
Lower-than-expected output at the end of 2023 meant the UK economy experienced a technical recession in the second half of last year, the Office for National Statistics has said.
Depressed investment and slower economic growth caused by Brexit have wiped £140bn off the UK economy compared with if the country stayed in the European Union, researchers have claimed.
