Rachel Reeves

Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence A quarter of a million people could lose their jobs by the…

Exclusive: deputy PM says UK will not join Iran conflict despite Trump’s sometimes ‘incomprehensible’ social-media barbs Donald Trump’s insults towards Keir Starmer are…

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict The bosses of Britain’s “big five” retail banks have been…

The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016 Rachel Reeves joined EU finance ministers for dinner in Washington…

In today’s newsletter: The economic fortunes of the UK are intertwined with the price of the costly fuel – so why are we so slow to ditch it? The economic fortunes of the UK are…

PM responds to warnings by former Nato chief George Robertson by saying defence spending is increasing rapidly Keir Starmer has said he does not agree with George Robertson’s…

Everyone has a part to play in reducing our reliance on imported foods, but ministers must provide incentives Tim Lang is professor emeritus of food policy at the Centre for Food…

Rachel Reeves said she is "angry" that US President Donald Trump chose to go to war with Iran, adding there is no "clear" exit strategy. The chancellor said the decision is…

Sector cites ‘billions of pounds in additional costs’ from new business rates and increase in minimum wage thresholds Two-thirds of hospitality businesses are planning to cut jobs…

Starmer to convene major energy industry and insurance figures to draw up emergency plans amid continued blockade of strait of Hormuz Rachel Reeves will warn G7 nations they must…

Ed Miliband says only clean power will provide ‘energy sovereignty’ amid opposition calls for oil and gas expansion Ministers have said expanding North Sea drilling would put the…

Deficit rises unexpectedly to £14.3bn in February as stock markets slide amid fears that Iran war will escalate UK government borrowing costs have reached their highest level…

Energy Secretary Ed Miliband has said "if it's necessary to intervene, we will" if people's energy costs surge due to the US-Israel war in Iran. Speaking the BBC's Sunday with…

Chancellor does not rule out ditching planned fuel duty rise but tells MPs it is too early to gauge if consumers need extra help IEA orders largest ever release of stockpiled oil…

The price of heating oil has spiked in the aftermath of the US-Israeli war with Iran, leaving some customers who rely on it facing significantly higher costs. Fran Barrett, a…

Northern Ireland MPs are due to hold discussions with the Treasury on Wednesday about the "unique challenges" faced by households which use heating oil. Global oil prices have…

Google Invests £5 Billion in UK for AI Expansion Google has announced a £5 billion investment in the UK over the next two years to meet the growing demand for artificial…