Pay squeeze and tax rises needed in UK to fill £40bn hole in public finances | Business

Tax increases and spending cuts totalling £40bn will be needed to balance the books as a…

Sunak’s Covid rescue plan ‘will fail to help long-term wage stagnation’ | Business

The government’s plans to rescue Britain from the Covid crisis will fail to end a decade-long…

Sunak offers jam today in spending review as Covid deficit spreads | Politics

Jam tomorrow but no jam today. As devotees of Lewis Carroll know, that was the credo…

UK politics live: Sunak tells cabinet OBR figures about economic damage from Covid will be ‘sobering read’ | Politics

Good morning. Rishi Sunak, the chancellor, will be delivering his spending review this afternoon and he…

UK risks double-dip recession amid second Covid lockdown | Business

The first snapshot of the UK economy during England’s four-week lockdown has shown evidence of a…

Rishi Sunak says public sector pay freeze is not a return to austerity | Politics

Rishi Sunak has rejected accusations that his planned public sector pay freeze amounts to a return…

Failure to seal post-Brexit deal would more than halve UK growth, says KPMG | Business

Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more…

The Guardian view on Rishi Sunak: time to create jobs, not anxiety | Editorial | Opinion

A great deal of poverty in Britain can be blamed on joblessness, insufficient hours of work,…

Debt crisis warning as UK reports steep rise in emergency borrowing | Money

Britain is “sleepwalking into a debt crisis” after a steep rise in emergency borrowing by low-…

A million people may quit self-employment in Covid-hit UK – study | Business

A million people in the UK are planning to give up being self-employed after seeing their…