All news on the topic: The economy

1008
Sunak 'should learn from Labour' and stamp out Liz Truss' party within a party
Ms Truss, who was the least popular British Prime Minister since records began, will launch a group named “Popular Conservatism” this week
569
Superdry shares surge after boss reveals he's in talks about possible takeover
The retail business saw shares rocket by as much as 110% on Friday morning amid takeover speculation
1235
YouGov confident as sales accelerate despite tough 'macro-economic environment'
The London-based company told shareholders it is therefore confident of meeting its guidance for the financial year, as it cheered the "resilient performance"
603
Labour refuses to say if it still supports £28bn green investment pledge
Shadow chancellor Rachel Reeves has repeatedly refused to set out whether she is standing by her commitment to spend £28 billion a year on green investment
686
UK manufacturing sector still in decline as Red Sea disruption adds to woes
The closely-watched S&P Global/CIPS UK manufacturing PMI survey increased to 47 in January from a reading of 46.2 in December
679
Hundreds of jobs at risk as Group 1 Automotive plans to cut 10% of UK workforce
Group 1 Automotive, which owns more than 70 car dealerships in the UK, said it plans to reduce its UK headcount by around 10% in the first quarter of this year, impacting around 300 people
950
Less room for tax cuts in the Budget than last year, Hunt tells Cabinet
The Chancellor is understood to have told Cabinet colleagues that there will be less room for tax cuts in the Budget than there was in the autumn statement
558
H&M retail chain hires new chief executive as profits slip behind expectations
The Swedish retail chain said Helena Helmersson has decided to step down as the firm's chief executive officer
1218
Half of Gen Z want to rejoin EU and think election day should be Bank Holiday
A poll of 2,000 18 to 26 year olds found that over half want to reverse Brexit, while the NHS, the environment and the economy are their top concerns ahead of the general election
1066
Deliveroo shares slide as rival firm sells stake in the food delivery company
Delivery Hero has revealed plans to sell up to 68.2 million shares in Deliveroo, representing a roughly 4.5% stake
1313
UK economic growth will be worse than previously thought, says the IMF
The International Monetary Fund (IMF) has downgraded its forecast for UK growth in 2023 by 0.4 percentage points, but said the change is largely due to a revision to official data, rather than a worsening economic situation
812
More than 6,000 hospitality venues close as businesses make appeal for support
The figures were described as 'seismic' by industry leaders
710
Pets at Home cuts profit guidance as demand was 'not at the levels we expected'
The company, which runs about 450 retail stores and 440 veterinary practices, said growth in its retail arm was hit by demand slowdown
837
Rishi Sunak slammed for saying pleas to save more steel jobs are 'churlish'
The PM was asked by Labour MP Sarah Champion in the Commons to back an alternative plan for the town’s steelworks that would save all 8,000 at the plant while still transitioning to low carbon steelmaking
766
Fever-Tree doubles earnings as US market proves a tonic for the mixers company
The tonic waters and mixers company said it doubled adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the second half of its financial year
673
UK government faces 'bleakest fiscal challenge since 1950s' as tax hikes loom
The next UK government will face one of the toughest fiscal challenges since the 1950s, with sluggish economic growth and high national debt, according to a report by the Institute for Fiscal Studies
826
Investment giant Abrdn to cut 500 jobs as it seeks to save £150m per year
The firm said that it wanted to save around £150 million per year, and would cut back around 500 jobs as a result
746
Government 'risks making same mistakes as coal industry' with steel, MPs told
Shadow business secretary Jonathan Reynolds claimed he was "begging" the Government not to make an irreversible decision on Wales's steel industry as he called for further action to prevent the loss of thousands of jobs in Port Talbot
864
Chancellor given green light for tax cuts as UK borrows less than expected
The Chancellor will be given breathing room to cut taxes or boost spending, economists have said, as the Government borrowed less money than expected last month
1177
Six million UK residents need to double income to escape poverty
The Joseph Rowntree Foundation said a sustained fall in poverty has not been seen in two decades
635
UK Government borrowing lowest in four years as debt remains at historical highs
The Office for National Statistics (ONS) said that public sector net borrowing hit £7.8 billion during the month
778
Interactive map shows UK is worse off than a decade ago with Brits £10k poorer
A new interactive map has shown Brits are, on average, £10,000 worse off today than a decade ago, with several locations showing child poverty and worse incomes
1146
UK levelled down as disposable income drops - see where worst hit cities are
A report by the Centre for Cities found that on average people have missed out on £10,200 because of low economic growth under the Tories - with five places missing over £20,000
1133
Owner of steel giant Tata raked in £3bn profit last year - as 2,800 UK jobs axed
While paying out £1.4billion in dividends, steel giant Tata took £500m from UK taxpayers to build a new arc furnace that won't make up for the 2800 jobs it culled last week
1010
Best and worst UK areas for roaring business – does your town make the list?
Where is the best place to open a small business in 2024? Analysis of government data on SMEs shows where they are thriving and where small business are struggling