The UK's unemployment rate was already rising in the lead-up to Chancellor Rachel Reeves' jobs tax decision, which is expected to lead to an acceleration in the unemployment rate in the coming montโฆ
Read more … →The Bank of England could already have reached the halfway point of its interest rate cutting cycle.
Read more … →Looser fiscal policy equals tighter monetary policy.
Read more … →The British Chambers of Commerce has said Budget 2024 has imposed further costs on businesses.
Read more … →The UK government looks set to borrow an additional ยฃ40BN than previously planned from capital markets this year, having changed the goalposts used to determine its fiscal rules.
Read more … →Labour is putting the burden of this budget right onto businesses, with a ยฃ25bn rise in employer national insurance contributions.
Read more … →The U.S. economy continues to deliver robust growth, limiting the need for significant cuts from the Federal Reserve.
Read more … →