Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

IMF upgrades UK growth forecast in boost to Reeves

Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for Budget

Business - Financial Times - October 22

Big cash boost for UK public services will fade towards end of decade

Reeves prioritises schools and hospitals as unprotected Whitehall departments are set for real-terms cuts

World - Financial Times - 1 hour ago

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

Traders expect calm response to U.K. budget after event caused turmoil two years ago

The bar is set very high for calamitous British budgets

Business - MarketWatch - 13 hours ago

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Netflix raises prices as boost from password crackdown fades

The streaming giant will charge subscribers more in some countries to fuel growth.

10-year Treasury yield closes below 4.3% after Tuesday’s initial selloff fades

Long-dated Treasury yields finished lower on Tuesday after a selloff of U.S. government debt that began during European trading hours faded by the end of the New York session.

Business - MarketWatch - Yesterday

Two treated after fire at BAE nuclear shipyard

Police say there is "no nuclear risk" and an investigation is under way into the cause of the blaze.

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - 5 days ago

UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?

Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...

World - The Guardian - 55 minutes ago

Netflix’s third-quarter revenue and subscriber numbers beat expectations

US streaming service is investing heavily in live sporting events to differentiate from rivals

Business - Financial Times - October 17

José Rubén Zamora Will Leave Prison After Nearly Two Years

The case against José Rubén Zamora became a sign of crumbling democracy in Guatemala and a symbol of threats against press freedom across Latin America.

World - The New York Times - October 20

Tua Tagovailoa Returns to N.F.L. Action After Three Concussions in Two Years

The quarterback’s third diagnosed concussion in two years prompted league-wide discussion about whether he should continue playing football.

Sports - The New York Times - 5 days ago

U.S. crude oil edges lower after worst day in two years

Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.

Business - CNBC - Yesterday

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

Ancient oak named after a band is UK Tree of the Year

The Skipinnish Oak in Lochaber is at least 400 years old.

FM pushes for significant NHS cash boost in budget

Eluned Morgan is keen to see investment in the English NHS, which would mean more for Wales as well.

Can you run the UK economy?

Step into the chancellor’s shoes and devise your Budget plan

World - Financial Times - October 15

UK public borrowing exceeds official forecast in September

Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

Business - Financial Times - October 22

Reeves welcomes IMF's improved UK economic forecast

The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - 2 days ago

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - 2 hours ago

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

UK inflation fading faster than expected, says BoE governor

But Andrew Bailey wants to see a further decline in services price growth

Business - Financial Times - October 23

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - 17 hours ago

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - 16 hours ago

Why EU defence and security policy will stay in the hands of capitals

Also in this newsletter: wading into France’s budget mess

World - Financial Times - 15 hours ago

Mitie boosted by summer UK riot response

Half-year revenues rose 13% after government used outsourcer to provide additional security

Business - Financial Times - October 15

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - 6 hours ago

Martin Wolf on the UK economy: ‘Why I’m worried’

The FT’s chief economics commentator on how the UK can escape its low-growth trap

World - Financial Times - October 14

Latest in Budget boost to UK economy forecast to fade after two years