Reeves ‘not satisfied’ with growth as Tories accuse Labour of talking down economy – UK politics live
UK economy at near-standstill as uncertainty over the budget and high interest rates weighed on consumer spending
In news that will disappoint those of you who enjoy a Liberal Democrat stunt, PA has just reported that Ed Davey will not, as was planned, be taking a bus-driving lesson at a depot in Oxfordshire, due to logistical issues. Instead he will be visiting visit high-street businesses.
It is part of a campaign by the Liberal Democrats to get Labour to keep the bus fare price cap at £2 in England when it extends the scheme into next year.
The fare cap increase is like a bus tax for people across the country, impacting bus users and commuters already struggling to make ends meet. MPs must be given a say on this bus fare hike on behalf of their constituents.
Our communities have already paid too high a price for years of Conservative neglect and incompetence. This bus fare hike will hit cherished local businesses and high streets, many of which are already struggling.
Uncertainty around Labour’s first budget and high interest rates played their part, but [the GDP figures are] still a blow for Rachel Reeves, as [it] underlines difficulty of reaching her ambitious growth target.
Some in Labour want to recalibrate economic focus away from growth and towards cost of living ie “will people feel better off by time of next election?”
Continue reading...-
Rachel Reeves ‘not satisfied’ with summer slowdown as UK slips down G7 growth leaderboard – business live
World - The Guardian - 2 hours ago -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
World - The Guardian - October 31 -
Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live
World - The Guardian - November 6 -
Farage says Reform UK now ahead of Tories in Wales – UK politics live
World - The Guardian - 6 days ago -
Employment rights bill will cost firms £5bn per year but benefits will justify costs, government says – UK politics live
World - The Guardian - October 21 -
Healey says he does not expect US to turn away from Nato under Trump – UK politics live
World - The Guardian - 4 days ago
More from The Guardian
-
RFK Jr condemned as ‘clear and present danger’ after Trump nomination
World - The Guardian - 11 hours ago -
Middle East crisis live: ‘Heavy strike’ reported in Beirut after Israeli evacuation order
World - The Guardian - 12 minutes ago -
Cop summits ‘no longer fit for purpose’, say leading climate policy experts
World - The Guardian - 11 hours ago -
England fans ‘treated like animals’ in Greece, prompting investigations
World - The Guardian - 29 minutes ago -
Pakistan military has no intention of cutting deal with jailed former prime minister Imran Khan – sources
World - The Guardian - 4 hours ago
Latest in World
-
Top Iranian official holds talks in Lebanon on Israel-Hezbollah war as U.S. pushes for cease-fire
World - ABC News - 7 minutes ago -
A Croatian corruption investigation snares the health minister and several others
World - ABC News - 7 minutes ago -
Kia signs PBV deal with DHL Korea
World - Yahoo News - 9 minutes ago -
England supporters ‘treated like animals’ in Greece; Lineker on exit: football – live
World - The Guardian - 10 minutes ago -
Middle East crisis live: ‘Heavy strike’ reported in Beirut after Israeli evacuation order
World - The Guardian - 12 minutes ago