Barring remote sessions during Covid, the UK’s rate setters have gathered in London to make their decision at every meeting since the Bank of England gained independence over monetary policy. From nex...

The UK needs to make “stronger efforts” to cut spending and bring debt under control as growth slows this year and next, the Organisation for Economic Cooperation and Development said.

Britain’s new Labour government has been considering a proposal from Keir Starmer’s time in office, by which borrowing for building projects would be excluded from the fiscal rules.

Britain’s new Labour government has been considering a proposal from Keir Starmer’s time in office, by which borrowing for building projects would be excluded from the fiscal rules.

John Healey wants “to gets things done,” Britain’s new finance minister said in his first major speech on Monday. The problem is that the country’s fiscal position keeps deteriorating as conflict in t...

How Andy Burnham can overcome political and policy constraints to deliver real change

Hundreds of millions of pounds of aid spending are at risk under the terms of a funding settlement to manage the cost of housing people seeking asylum in the UK.

Rachel Reeves had promised to deliver a nothing-to-see-here spring forecast this week, an event to be celebrated for its uneventfulness. After war erupted in the Middle East, however, Tuesday’s statem...

From London to Pretoria, finance ministers around the world are struggling to pass painful budgets in the face of political opposition. The Organization for Economic Cooperation and Development has a ...

Clive Cowdery is arguably the most influential non-politician in UK politics today. His proteges at the Resolution Foundation, a think tank he founded 20 years ago, now staff the halls of Westminster ...

It’s become one of the most sensitive non-political appointments in the UK: Who is going to take over at the Office for Budget Responsibility?

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

Rachel Reeves should get billions of pounds of extra room in her upcoming budget, UK Treasury officials believe, thanks to her plan to cut household bills and bring down inflation.

Rachel Reeves is coming under pressure to increase the buffer against her fiscal rules at next month’s UK budget, to create what one economist called a “virtuous circle” that quells bond-market uncert...

The UK is enjoying its fastest productivity growth since the pandemic, according to new research from Pantheon Macroeconomics that relies on tax data instead of the standard labor-market figures.

UK taxpayers have lost £400 million ($547 million) on a startup investment rescue fund launched by former Prime Minister Rishi Sunak during the pandemic after hundreds of the companies went bust.

UK Chancellor of the Exchequer Rachel Reeves will need to find a further £4 billion ($5.4 billion) to put her budget back on track if the Bank of England decides to stop active gilt sales at a critica...

Peter Mandelson’s advisory firm Global Counsel allowed the risk of conflicts of interest to persist for months after he was appointed Britain’s ambassador to the US because the loss-making company was...

Peter Mandelson, the prominent Labour politician who was named British ambassador to the US this year, expressed steadfast support and offered to discuss Epstein’s now-infamous 2008 case with his cont...

Stubborn inflation has emerged as one of the biggest drawbacks from Chancellor of the Exchequer Rachel Reeves’ first budget. She risks repeating the result with her second.

Tom Kibasi was seconded from NHS England to work on a government reboot, but has now left.

The long march of the Resolution Foundation

The long march of the Resolution Foundation

Chancellor of the Exchequer Rachel Reeves says growth is the solution to Britain’s economic problems. At her budget on Nov. 26, she faces the prospect of having to kill it.

Asif Aziz's Criterion Capital manages a row of high-profile shops at Piccadilly Circus. So why does his team keeping renting them to students who vanish without paying millions of pounds in taxes?

Asif Aziz's Criterion Capital manages a row of high-profile shops at Piccadilly Circus. So why does his team keeping renting them to students who vanish without paying millions of pounds in taxes?

Bank of England officials are mulling whether to set aside plans to create a digital pound for households amid growing skepticism over the project’s benefits, the latest sign of dwindling support for ...

Keir Starmer’s landslide UK general election win last July delivered to the House of Commons what was supposed to be a hand-picked army of loyalists molded in his image, a cadre that earned the monike...