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PM Sunak says time needed for people to feel better as UK economy takes momentum

PM Sunak says time needed for people to feel better as UK economy takes momentum
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United kingdomAndrew baileySarah olneyRuth gregoryRachel reevesNational insurancePrime minister rishi sunakLiberal democratsDem treasuryCapital economics

Cost-of-living crisis sees desperate Britons ditch summer favourites to save cash | Personal Finance | Finance

Some traditional favourites were the first to be sacrificed when people were looking to do away with non-essentials.

United kingdomTomasz wieladekRuth gregoryMark boyd bolandOffice for national statisticsGathering aroundNational statistics

Could the Bank of England leapfrog the Fed and cut interest rates first?

The BoE has so far followed the Fed s lead - but markets are starting to consider whether we might start to see divergence between the US and other central banks.

United kingdomJerome powellAndrew baileyRuth gregoryFederal reservePricing for the bankEuropean central bankGovernor andrew baileyDavid pageCapital economics

FTSE 100 hits record high; UK borrows £120bn last year, leaving limited scope for pre-election tax cuts– business live | Business

Rolling coverage of the latest economic and financial news

United kingdomJessica barnabyRuth gregoryJeremy huntUniversity of chicagoNational insurance contributions nicsInternational monetary fundOffice for national statisticsOffice for budget responsibilityBudget responsibilityNational statisticsIncome taxCapital gains taxNational insurance contributionsHuw pill

Rising UK Deficit Spurs Borrowing Boost, Hits Tax Cut Hopes

(Bloomberg) The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts, highlighting the constraints Chancellor Jeremy Hunt faces as he eyes pre-election tax cuts. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRussians Transform Dubai as They Flee Putin’s War:

United kingdomJessica barnabyBloomberg businessweekVladimir putinJeremy huntLabour partyOffice for budget responsibilityDebt management officeChancellor jeremy huntBudget responsibilityPrime minister rishi sunakRuth gregoryRussian president vladimir putinOffice for budget responsibilityPublic financesTax cuts

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