Economic policy

Bank of England says UK economy recovering faster than first feared | Business

The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic as consumer spending rises, despite warning of significant risks to jobs and growth.

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UK business demands rethink on furlough scheme wind down | UK news

Business leaders have warned Rishi Sunak that his multibillion-pound summer statement plan to save jobs is failing to prevent an unemployment crisis from taking hold. The British Chambers of Commerce (BCC) is

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UK retail sales beat forecasts in June after lockdown eased – business live | Business

7.54am BST07:54 Mark Sweney Retailers French Connection, Naked Wines and Hotel Chocolat have reported surging digital sales as consumers turned to online channels during the nationwide lockdown. Hotel Chocolat has said that

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6 mins read

The Guardian view on austerity: a grotesque failure that must not be revived | Public sector pay

This is the week that Boris Johnson and Rishi Sunak began softening up doctors, teachers and other public sector workers for a squeeze to their pay and cuts to their departmental budgets.

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