Economy
The latest news, updates and features on the UK economy and other global economic stories from the expert team at MoneyWeek.
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'Rachel Reeves’s tax rise will crash the economy'
Opinion Rachel Reeves will be the first chancellor since Denis Healey in the 1970s to raise income tax. It will only push Britain into recession, says Matthew Lynn
By Matthew Lynn Published
Opinion -

Cringe Britannia: the decline of the UK's soft power
Britain has long wielded soft power through its commitment to sound political values and the export of high and popular culture. That is now under threat
By Simon Wilson Published
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Higher earners face £50k pension hole if Reeves caps salary sacrifice in Budget
Chancellor Rachel Reeves Reeves’ rumoured plan to fill her own fiscal black hole by capping salary sacrifice schemes in the Budget could cost workplace pension savers tens of thousands of pounds at retirement
By Laura Miller Last updated
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ONS: UK economy grows by just 0.1% in three months to September ahead of Autumn Budget
Quarterly growth was hit by a drop-off in the manufacturing sector in part due to a major cyber incident at car producer Jaguar
By Sam Walker Last updated
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When is the next Bank of England base rate meeting?
The Bank of England held interest rates at 4% in November. When is the next Monetary Policy Committee meeting and will interest rates fall further?
By Daniel Hilton Last updated
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When will UK interest rates fall further? Latest Bank of England predictions
The Bank of England held interest rates at 4% in November, but pressure is mounting on the Monetary Policy Committee to cut the Base Rate.
By Dan McEvoy Last updated
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Reeves ‘won’t target tax-free pension cash’ – but damage already done for some savers
Chancellor Rachel Reeves has reportedly ruled out a cut to the amount of pension money retirees can take tax-free. But after months of speculation, it will be too late for anyone who pulled out of their pension based on pre-Budget jitters, as wealth experts warn against irreversible decisions.
By Laura Miller Last updated
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Unemployment hits highest level since 2021 as jobs market cools
Average wages are also slowing ahead of the Autumn Budget this month
By Sam Walker Last updated
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Young workers exiting UK over tax and economic outlook concerns, warn wealth managers
Young professionals are scoping out cities and countries with lower tax burdens and a greater quality of life, according to wealth managers
By Sam Walker Published
