UK Economy
The latest news, updates and opinions on UK Economy from the expert team here at MoneyWeek
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Will a general election delay interest rate cuts in the UK?
Many had been expecting a summer rate cut and an Autumn general election. Has Rishi Sunak scuppered one by bringing forward the other?
By Katie Williams Last updated
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General election: do business leaders back Labour?
Historically, critics have cast Labour as being bad for business. But shadow chancellor Rachel Reeves says that’s no longer true.
By Katie Williams Published
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Are the Conservatives really responsible for lower inflation?
The Conservatives are saying they have turned the economy around. But how much control do politicians really have over economic data?
By Katie Williams Published
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UK inflation rate ‘back to normal’ in shops BRC says amid retail discounts drive
News The UK inflation rate for stores is now at its lowest level since November 2021, the British Retail Consortium has said. But food prices have been continuing to climb.
By Henry Sandercock Last updated
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General election likely to 'delay’ Waspi state pension compensation, former pensions minister warns
Exclusive Waspi campaigners had been hoping to hear from the government this summer. But Rishi Sunak’s snap general election could mean there’s a significant delay, according to ex-DWP minister Steve Webb.
By Henry Sandercock Last updated
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What does a general election mean for the state pension triple lock?
The future of the state pension is a big issue for many voters. What have the political parties said about the triple lock so far, and will we see it included in any of the manifestos?
By Ruth Emery Published
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Government spending rises and casts doubt on pre-election tax cuts
Jeremy Hunt’s ability to lower taxes may become harder after government spending in April rose to £20.5bn. Although a July election now effectively puts an end to the prospect.
By Chris Newlands Published
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Food price inflation drops to lowest level in more than two-and-a-half years
Food prices are rising at their lowest rate since October 2021. Could this result in a base rate cut next month?
By Chris Newlands Published
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Could inflation dip below the Bank of England’s 2% target this week?
The consultancy Capital Economics is forecasting that inflation will drop to 1.9% when April’s figures are released on Wednesday, the lowest level in three years. We look at what it could mean for interest rates.
By Ruth Emery Published