Governments must not try to pick loopholes in the global agreement to “transition away” from fossil fuels reached last December, the UN’s climate chief has…
View More Stop looking for loopholes, UN warns, after Saudi hints end of fossil fuels ‘just one option’Tag: Economics
Bank of England sticks with 5.25% interest rate but hints at coming cut
The Bank of England has dropped the broadest possible hint that the next move in interest rates will be downwards after forecasting inflation will fall…
View More Bank of England sticks with 5.25% interest rate but hints at coming cutUK risks steep decline without £28bn green economy pledge, Labour warned
Labour’s proposed investment of £28bn a year in the low-carbon economy is an absolute minimum, a leading business figure has said, adding that without green…
View More UK risks steep decline without £28bn green economy pledge, Labour warnedTo get to net zero, we may have to sell off the UK’s future
If Labour forms the next government, as polls suggest, it must provide the private sector with the kind of incentives that will lift investment in…
View More To get to net zero, we may have to sell off the UK’s futureUK should invest in green economy instead of tax giveaways, Lstudy shows
The UK should invest £26bn a year in a low-carbon economy to revive prosperity instead of planning tax giveaways that will only lead to further…
View More UK should invest in green economy instead of tax giveaways, Lstudy showsBank of England may cut interest rate sooner after surprise inflation forecast
The Bank of England may be forced to bring forward the date of its first interest rate cut after three leading forecasters issued a surprise…
View More Bank of England may cut interest rate sooner after surprise inflation forecastUK house prices rise again but Halifax forecasts up to 4% drop in 2024
UK house prices rose for a third consecutive month in December amid a shortage of properties on the market, but are forecast to drop this…
View More UK house prices rise again but Halifax forecasts up to 4% drop in 2024Post Office breaks daily cash withdrawal record amid cost of living crisis
More than £62m in cash was withdrawn from Post Office branches on the Friday before Christmas, the most ever in a single day, as people…
View More Post Office breaks daily cash withdrawal record amid cost of living crisisBoxing Day shoppers expected to spend £3.7bn, a big drop on last year
Shoppers are expected to spend £3.7bn this Boxing Day – but that’s 3% less than a year ago as the sales are now overshadowed by…
View More Boxing Day shoppers expected to spend £3.7bn, a big drop on last yearWhat does the surprise drop in UK inflation mean for you?
The UK’s inflation rate fell to 3.9% in November – a larger drop than economists had anticipated. What does the inflation rate mean? The monthly…
View More What does the surprise drop in UK inflation mean for you?