EUR/USD stays under modest bearish pressure and trades below 1.1650 in the European session on Friday, after closing virtually unchanged on Thursday. The pair's near-term technical outlook highlights ...

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Surge in household costs puts Reeves’s economic growth plan at risk

Labour prime minister Keir Starmer has pledged that plans to be set out in the Budget this autumn will ensure that ‘people feel better off’ ...

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Bank of England cuts interest rates to 4% in historic two-round vote amid economic slowdown

The Bank of England has cut interest rates to 4% in a historic two-round vote, citing rising unemployment and sluggish growth despite inflation climbing to 3.6%.

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Starmer defends handling of economy but declines to rule out tax hikes

The Prime Minister said Chancellor Rachel Reeves’ upcoming budget will ‘build on what we’ve done’ by focusing on ‘living standards’.

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What economic levers are left for Reeves to pull?

With most spending now fixed, and political challenges over welfare cuts, that would leave tax rises as the main lever.

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