Bank of England holds interest rate at 4.75% but warns of UK stagnation risk Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs
Inflation fears trump growth concerns among Bank of England’s MPC members Investors are betting on just one more rates cut this year, which could bring stagnation, undermining government efforts to drive the economy forward
Germany and France are in crisis – is the next global financial crash brewing? The eurozone’s flaws and a lack of growth in the EU have combined to malign effect. ‘More Europe’ is not the solution, says Guardian columnist Larry Elliott
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget
UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s pockets’ Increase extinguishes expectations of interest rate cut this week and underlines tough challenges policymakers face
Thames Water wins court approval to secure ‘critical’ £3bn cash lifeline Decision came after protesters called on judges to block a financial bailout they say will cost customers £250 a year
Economists and policy experts warn Reeves against City deregulation Nobel laureate Joseph Stiglitz among 50 signatories of statement that points to risks to Labour’s wider aims
At last, a group of MPs intent on reforming our madly unfair council tax The system relies on valuations from 1991, when Gorbachev was in power, but has become politically untouchable
Union anger over Labour government’s ‘insulting’ 2.8% public sector pay plan Pay review bodies will make final recommendations on proposed rises for teachers, NHS staff and other workers
UK politics: Kemi Badenoch criticised by Nigerian vice president for ‘denigrating’ his country – as it happened Kashim Shettima said Nigerians are proud of Badenoch’s achievements, despite her denigrating the country where she was brought up
Keir Starmer says Saudi Arabia trip fulfils ‘number one mission’ to grow UK economy PM defends ties between two countries and says he will be able to raise concerns about Saudi government’s human rights record
UK job vacancies fall at fastest rate since pandemic as business confidence slumps Blow to Labour growth hopes as poll finds demand for staff falling at ‘sharp and accelerated pace’, particularly in permanent roles
Reeves to pledge closer EU ties in pivot from post-Brexit ‘division and chaos’ First speech by UK chancellor to eurozone finance ministers since 2020 will promise ‘business-like’ approach to relations
What determines whether a PM will sink or swim? Look to their chancellor In such a crucial double act, Keir Starmer and Rachel Reeves must be on the same page over the EU
Starmer to meet Saudi crown prince in push for infrastructure cash Wooing of Mohammed bin Salman controversial because of human rights concerns