Economic Policy

Labour would rewrite rules of UK economy, says John McDonnell.

Shadow chancellor criticises corporate excess but rules out windfall tax on oil and gas firmsLatest election news – live updatesJohn McDonnell has promised that a Labour government would “rewrite the rules of our economy” as he announced proposed ...

Sajid Javid rips up Tory fiscal rules with vow to spend extra £20bn.

Chancellor to raise borrowing while claiming Labour would ‘saddle country with debt’ Latest election news – live updatesSajid Javid has ripped up the Conservative party’s old fiscal rules and loosened constraints on borrowing to the tune of £20bn ...

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General election: Sajid Javid sets out Tory plan for the economy – live news.

The chancellor and his Labour counterpart are both due to deliver speeches this morning outlining competing economic visions Sign up to the morning briefing: the day’s news delivered to your inboxTom Watson quits as Labour deputy leaderLib Dems, P...

World economy is sleepwalking into a new financial crisis, warns Mervyn King.

Past crashes spawned new thinking and reform but nothing has changed since 2008 banking meltdown, says former Bank of England bossLarry Elliott: The global economy needs to change fastThe world is sleepwalking towards a fresh economic and financia...

Bank of England warns of 1 in 3 chance of Brexit recession.

Committee votes 9-0 to keep interest rates at 0.75% as uncertainty drags down the UK economyBritain has a one in three chance of plunging into recession as uncertainty over Brexit drags down the economy, the Bank of England has warned.Keeping inte...

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