Plans for a third runway have failed to get the personal backing of Net Zero Secretary Ed Miliband. Mr Miliband, who previously opposed expanding the west London airport, stressed the new proposals ...

House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for the ...

UK's economic stagnation is forecast to extend into the first part of this year prompting fresh gloom for Rachel Reeves. The Bank of England announced a cut in interest rates on Thursday from 4.75 per ...

And the Daily Mail hails the news as a “new era of stagflation” for Britain. The i paper writes Ms Reeves may have to raise ...

The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...

A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...

Labour, which campaigned on a pledge to promote growth, has created a new era of 'stagflation' - a devastating combination of a flatlining economy and surging prices.

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...