5+ day, 11+ hour ago   (452+ 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…...

5+ day, 22+ hour ago   (921+ words) Chancellor John Healey promised to “draw a line” under rising costs for businesses, end legal blockages to building infrastructure and embrace technology as part of a push for growth. He also promised to control Government spending in his first major…...

6+ day, 1+ hour ago   (430+ 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…...

1+ week, 1+ day ago   (591+ words) The Chancellor has warned that the Budget in the autumn could be tough, as US President Donald Trump’s war in the Middle East affects the British economy. John Healey issued the warning amid the leap in Government borrowing earlier this…...

1+ week, 4+ day ago   (470+ words) Drafting the next Scottish budget will be “extremely challenging” amid tight fiscal conditions, the Deputy First Minister has said. Jenny Gilruth said she will not shy away from the challenge of balancing the Scottish Government’s books. She will be speaking…...

3+ week, 2+ day ago   (691+ words) News from the City, market updates plus comment and analysis from our business desk 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…...