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Latest news, comment and features from The Independent US
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News
‘There might be a few less Porsches’: TUC boss urges Burnham to bring in bank tax
4+ day, 4+ hour ago (499+ words) The general secretary of the TUC Paul Nowak called on the Labour leader to go ‘further and faster’ on cutting bills The UK’s most powerful union leader has called on Andy Burnham to “go further and faster” in solving the…...
Retailers suffer ‘disappointing’ August as household bill increases loom
6+ day, 4+ hour ago (345+ words) Retailers suffered a disappointing August as looming household bill increases saw consumers reining in their spending, figures show. Total UK retail sales increased by just 0.7% year on year, plunging from last August’s 3.1% and below the 12-month average growth of 1.6%, according…...
Healey vows to control public spending and help UK economy deliver on potential
6+ day, 18+ hour ago (335+ words) Chancellor John Healey insisted the UK economy was “turning a corner” as he promised to control government spending in next month’s Budget. In his first major speech since taking over at the Treasury, Mr Healey acknowledged the impact of high…...
Healey tells UK to brace for difficult Budget amid rising costs driven by Iran war
1+ week, 1+ day ago (184+ words) The Independent Healey tells UK to brace for difficult Budget amid rising costs driven by Iran war - Chancellor John Healey has warned of a challenging autumn Budget on 28 October as the UK economy faces rising borrowing costs and inflationary pressures…...
Chancellor warns tough Budget looms as Trump’s war with Iran hits UK economy
1+ week, 1+ day ago (463+ words) John Healey is set to deliver a key speech on the economy on Monday The Chancellor has warned of a difficult autumn Budget as the British economy faces the impact of US president Donald Trump’s war in the Middle East....
Chancellor warns of tough Budget as Iran war puts strain on economy
1+ week, 2+ day ago (471+ words) Donald Trump’s war with Iran is hitting ‘inflation, growth and borrowing costs,’ John Healey warns The upcoming autumn Budget is expected to be tough, the chancellor has warned, as the US-Iran war continues to cripple the economy. John Healey issued…...
New Chancellor given pre-Budget challenge as borrowing jumps unexpectedly
3+ week, 2+ day ago (431+ words) The fiscal squeeze facing new Chancellor John Healey ahead of his inaugural Budget has been laid bare as official figures showed government borrowing unexpectedly rose to £1.8 billion last month. The Office for National Statistics (ONS) said government borrowing stood at…...