Labour’s attempt to use AI to power budget cuts is damaging. Here’s why
The UK government is beginning to introduce AI tools for deep research, framing the technology as a tool to reduce costs and ...
Households face £7bn stealth tax blow under Labour
The Treasury will rake in an extra £7bn per year in income tax than previously forecast thanks to frozen thresholds and wage ...
Rachel Reeves says Labour can’t ‘tax and spend our way to higher living standards’ before spring statement
Chancellor warned ‘that's not available in the world we live in today’ as she prepares to unveil cuts on Wednesday ...
Bank of England chief warns of two threats to UK's economy
Andrew Bailey warned that growth has slowed "markedly" over the last 15 years which has affected the advance of living ...
The Independent4d
What the papers say – March 25
The Times focuses on the economy, saying the Bank of England has warned tariffs and an ageing population are posing problems in the pursuit of a growing economy. The Daily Mail says Labour will be ...
Daily Mail8d
Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war
The Bank of England snubbed pleas for interest rate ... with the jobs market flat even before Labour's national insurance raid takes effect - and Donald Trump's trade war gathering pace.
ABC News8d
With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
The Bank of England has kept its main U.K. interest rate ... a hugely disappointing outcome for the new Labour government, which has made boosting growth its number one economic policy.
London Evening Standard8d
Government not ‘blindly cutting spending’ or heading for austerity – minister
Rachel Reeves will be responding to new forecasts from the Office for Budget Responsibility, after the Bank of England reduced its forecasts for growth this year. The growth figures, combined with ...
Washington Times9d
Bank of England leaves benchmark interest rate unchanged at 4.50% with inflation still high
LONDON — The Bank of England kept its main U.K. interest rate ... a hugely disappointing outcome for the new Labour government, which has made boosting growth its number one economic policy.
The Associated Press on MSN7d
Bank of England echoes US’ Fed
The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing ...