Rachel Reeves warned by City grandees not to weaken banking safeguards Chancellor’s plan to slash red tape could raise financial risks and do little to help households, say architects of UK’s post-2008 reforms
Ad agency WPP asked to work on campaign nudging UK savers to invest in shares Exclusive: City-funded campaign is endorsed by government, and aims to increase financial risk-taking in effort to spur growth
UK inflation rises unexpectedly to 3.6% driven by food and fuel prices Annual increase in June follows warnings about increase in employment taxes leading to job cuts and higher prices
UK inflation rise makes it clear: the cost of living crisis has not gone away Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy
Wednesday briefing: Why Labour wants to cut financial red tape – and why critics fear that risks a new crisis In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy?
Reeves says rules and red tape are ‘boot on the neck’ of business At the Mansion House dinner she calls for regulators to allow more risk to clear the way for economic growth
Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth ‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock market
UK politics: Tories’ energy policy shows they are ‘anti-science, anti-jobs, anti-future’ Miliband tells MPs – as it happened Energy secretary says it is not clear if opposition have any net zero policy
Why Labour should target happiness alongside economic growth With the UK still shaking off the psychological side-effects of Covid, Rachel Reeves might want to broaden her aims
Starmer and Reeves promised honesty about public finances. Can they stay the course? Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loom
Rachel Reeves expected to review pensions auto-enrolment Exclusive: Announcement expected as part of series of changes outlined in chancellor’s Mansion House speech
Rachel Reeves to try to reassure City investors after unexpected UK GDP fall Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performance
Cash Isas: Rachel Reeves pauses plans to reduce amount savers can put in Chancellor, who had been expected to announce changes next week, faced backlash over move
Fall in UK GDP puts focus back on expectations of tax rises in autumn budget Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering
Government inheriting poor value assets due to bad handling of PFI contracts, watchdog says Public accounts committee warns UK infrastructure risked becoming ‘stony ground’ for investors without major overhaul