Politics
Treasury will not commit to reducing welfare bill before next election
The Treasury is disputing that Chancellor John Healey suggested to the BBC that the benefits bill will be cut before the next general election.
Politics
Politics
FCA encourages former Verus Financial Services Limited customers to check if they can claim with FSCS
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment.
Politics
Europe’s central bank chief Christine Lagarde to step down nine months early
Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early, ending months of speculation about her future.
Politics
What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
Politics
Vance reaches out to Iran security official on peace talks- WSJ
Vice President JD Vance is engaging one of Iran’s most powerful hard-liners to revive peace negotiations even as President Trump threatens to restart the war after next week’s midterm elections, U.S. officials and peopl…
Politics
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
Politics
Will the budget deliver ‘growth in every postcode’?
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Politics
What we now know about the UK economy in four charts
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Politics
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 10 â 2 vote:
Politics
What you need to know about Your First Home scheme for first-time buyers
Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder
Politics
Fed’s Warsh to attend AI productivity task force hearing in November
Federal Reserve Chair Kevin Warsh said he intends to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco Bay Area, according to Reuters. The hearing, announced …
Politics
Budget 2026: Healey hikes taxes on banks and landlords to fund £100 handouts to 20m households
Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis
Politics
Fed holds rates steady as expected, though two policymakers prefer 25 bps hike
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and …
Politics
Healey gives households £100 to help navigate ‘global economic storms’
Payments to 20m homes part of package to cut energy bills and ease cost of living crisis, paid for by bank windfall tax
Politics
Tax thresholds remain unchanged - here's what it means for your pay
Income tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation.
Politics
What is happening with US interest rates?
The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Politics
Budget 2026: what it means for your wallet, your mortgage and your pay
How the chancellor’s measures on tax, benefits and pensions will affect your personal finances
Politics
Dharshini David: Healey buys himself some time, but big questions still unanswered
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
Politics
Chancellor begins to deliver his first Budget
The chancellor begins his speech by calling it a Budget for the "working people of Britain, for British businesses big and small."
Politics
‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget
OBR cautions about Middle East war dragging down growth and triggering a fresh cost of living crisis
Politics
Business secretary writes to Poundland owner as administration fears build
Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’
Politics
Remit for the Monetary Policy Committee - October 2026
Good morning. There was a time when Bank of England interest rate announcements passed (most of us) by entirely unnoticed. A small rise here; a minor dip there: until May 2022, rates hadn’t climbed above 1% for 13 years.
Politics
Income tax: Healey’s budget leaves thresholds frozen again. How much more will you pay?
Income tax thresholds are set to remain frozen after John Healey’s first budget as chancellor.
Politics
Budget 2026 live: Healey delivers first budget of Burnham’s government
Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said: