Prime Minister of the United Kingdom since 2022
"Inflation is expected to continue falling. These things don't happen by accident. It's because we have a plan, and that plan is working ... Show more news.sky.com/story/bank-of-england-governor-talks-up-rate-cut-prospects-as-inflation-eases-to-3-2-13116964
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Sunak Faces Election With Second Lowest Growth in G-7, IMF Warns
bloomberg.com/news/articles/2024-04-16/sunak-faces-election-with-second-lowest-growth-in-g-7-imf-warns
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Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Can the economy rescue Britain’s Conservatives? : Polling shows Liz Truss’s disastrous mini-Budget looms large in voters’ minds ahead of general election
ft.com/content/064dff95-badf-4f3c-bbca-8dc1c8afda4c
Tory election hopes fade with prospects for interest rate cuts: Rishi Sunak hoped to go to the polls in the autumn with cheaper mortgages and lower taxes
ft.com/content/ccb98f0a-155e-461a-9cc9-f2423e1d7889
Why interest rates will fall less than was hoped this year: The abandonment of forecasts of further rate reductions has left Rishi Sunak with a headache
thetimes.co.uk/article/interest-rates-fall-uk-news-inflation-bank-of-england-3w3cmq283
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Rishi Sunak faces PMQs as UK inflation drops to a two-and-a-half year low : The Prime Minister has said that his 'economic plan is working'.
news.stv.tv/politics/rishi-sunak-faces-pmqs-as-uk-inflation-drops-to-a-two-and-a-half-year-low
Rishi Sunak’s shelf life is over: Only 13 per cent of people would choose Rishi Sunak over Keir Starmer to put up a shelf, according to a poll from JL Partners ...
newstatesman.com/politics/uk-politics/2024/04/rishi-sunak-shelf-life-is-over
Data confirms UK economy went into recession last year: Official figures confirmed Britain's economy entered a shallow recession last year ...
reuters.com/world/uk/data-confirms-uk-economy-went-into-recession-last-year-2024-03-28/
Reform UK hits polling high as right-wing voters desert Conservatives: The Tories trail Labour by 18 points, according to a new poll by BMG Research which shows ...
inews.co.uk/news/politics/reform-uk-hits-polling-high-as-right-wing-voters-desert-conservatives-2993806
British inflation slowed in February, keeping the Bank of England on track to start cutting interest rates in the months ahead and offering some better ... Show more www.reuters.com/world/uk/uk-inflation-slows-34-february-2024-03-20/
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
PM Rishi Sunak is facing questions from the Liaison Committee.
He says the government has made "progress on all three" economic priorities:
🔴 Halve ... Show more trib.al/Rx0iR33
Rishi Sunak buoyed by inflation drop as he stages Commons fightback : UK prime minister looks to move beyond weeks of Tory party infighting at final PMQs before ...
ft.com/content/8c371942-9284-477e-b6ac-518bb912e05a
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What the Mark Menzies scandal means for the Tories: Tory MP Mark Menzies has lost the whip following revelations that he had misused campaign funds
spectator.co.uk/article/what-the-mark-menzies-scandal-means-for-the-tories/
Rishi Sunak's election challenge underlined as 9/10 voters think finances getting worse or no better
standard.co.uk/news/politics/rishi-sunak-general-election-2024-ipsos-poll-finances-b1152951.html
Thursday's front page: We deserve better www.mirror.co.uk/news/politics/budget-2024-11-nasty-details-32285103
Rishi Sunak responds after revelation that Sussex Police officers feel ‘worse off’ financially than they did five years ago
sussexexpress.co.uk/news/politics/rishi-sunak-responds-after-revelation-that-sussex-police-officers-feel-worse-off-financially-than-they-did-five-years-ago-4587923
A little economic cheer: Yesterday’s fall in inflation, faster than expected, is good news for the Prime Minister
inews.co.uk/news/politics/a-little-economic-cheer-2967367
UK fell into recession at the end of 2023: The British economy fell into recession at the end of 2023 as output shrank more than anticipated in the final three ...
apnews.com/article/britain-economy-recession-interest-rate-720092b0e5ad65f48b10e656e22c6687
UK statistics chief criticises Treasury ministers for misleading tax claims: Latest rebuke follows similar recent interventions over comments by Rishi Sunak
ft.com/content/aebbfe9b-d33f-485c-a631-3ff072ecca6c
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Better moment for UK economy likely to come too late for Rishi Sunak: Prime minister has ruled out May election but households face high prices for sometime to ...
theguardian.com/business/2024/mar/24/better-moment-for-uk-economy-likely-to-come-too-late-for-rishi-sunak
"We don't celebrate you enough," says PM Rishi Sunak as he speaks at the National Farmers' Union conference.
More ➡️ trib.al/V4rSRuX 📺 Sky 501, Virgin 602 ... Show more
Rishi Sunak says UK economy has ‘turned the corner’ as he seeks to calm Tory nerves
ft.com/content/480affe4-fcd7-473a-9483-39164d55f99a
Paid articlePaid British inflation held steady at four percent in January. The number comes as a relief for the country's central bank and Prime Minister Rishi Sunak in a ... Show more reut.rs/3HZszJn
Rishi Sunak insists UK economy is ‘bouncing back’ as he aims to end political turmoil
inews.co.uk/news/politics/rishi-sunak-insists-uk-economy-is-bouncing-back-as-he-aims-to-end-political-turmoil-2961377
Inflation figure gives Sunak hope for better economy in time for Autumn election: An expected uptick in inflation did not materialise and the rate of price ...
inews.co.uk/news/politics/inflation-sunak-economy-autumn-election-2906691
The Prime minister, whose income was £2.2m last year, will be paid an additional nearly £5,000 next yearwww.gazettelive.co.uk/news/teesside-news/rishi-sunak-accept-inflation-busting-28831591
UK tips into recession – what's left of Sunak's priorities?: This morning’s figures show that the UK went into a technical recession last year ...
spectator.co.uk/podcast/uk-tips-into-recession-whats-left-of-sunaks-priorities/
Sunak is 'sad' parents are forced to water down baby formula due to costs
news.sky.com/story/sunak-is-sad-parents-are-forced-to-water-down-baby-formula-due-to-costs-13065197
Sunak and Hunt may have raised expectations too high: With just over three weeks until the Budget, it looks like any cut as sweeping as those in the Autumn ...
inews.co.uk/news/politics/sunak-hunt-may-raised-expectations-much-2901325
Sunak Claims N. Ireland Win, But Voters Still Blame Tories For Brexit Strife: Prime Minister Rishi Sunak urged Northern Ireland’s political leaders to get on ...
trib.al/iAJKSGN
Quick Glance: Historic Milestone: First Nationalist Minister Appointed in Northern Ireland
- Michelle O'Neill from Sinn Fein has made history as the first nationalist minister in Northern Ireland.
- The deputy first minister will be Emma Little-Pengelly from the Democratic Unionist Party (DUP).
- According to the Good Friday Agreement, the deputy minister has the same authority as the first minister.
- In her speech, which started in Irish, Ms O'Neill said: 'Today opens the door to the future - a shared future.'
Why 99% mortgages are risky for first-time buyers and Britain’s financial system: It’s hard to overstate the extent to which experts think 99% mortgages are a) a ...
inews.co.uk/news/why-99-mortgages-risky-first-time-buyers-britains-financial-system-2866933
Lower inflation lifts UK consumer sentiment to two-year high - GfK: British consumers are their most confident since January 2022 as lower inflation helped them ...
reuters.com/world/uk/lower-inflation-lifts-uk-consumer-sentiment-two-year-high-gfk-2024-01-26/
U.K. Inflation Unexpectedly Rises After Cost of Tobacco Increases. What to Know: Inflation in the U.K. rose in December, contradicting earlier predictions and ...
time.com/6556391/uk-inflation-unexpectedly-rises-what-that-means/
Quick Glance: Price Surge Predicted: Inflation Pushes Up Broadband and Mobile Costs
- The inflation increase is depicted as an indictment of Tory rule.
- A rise in inflation is dire news for families after 14 years of economic struggle.
- Most mobile and broadband providers increase prices mid-contract based on December's inflation rate plus 3.9%.
- CIGARETTES AND ALCOHOL were the primary drivers of the price surge, with a 12.9% increase in the year to year comparison.
Sunak hopes to shrug off bad economic news with OBR forecast allowing tax cuts: Chancellor Jeremy Hunt to receive latest forecasts on Wednesday as he plots tax ...
inews.co.uk/news/politics/sunak-shrug-bad-economic-news-obr-forecast-tax-cuts-2902707
Lifting UK economy no game-changer for PM: Falling inflation, the prospect of interest rate cuts and signs that Britain’s economy is gathering some pace sound ...
gulftoday.ae/opinion/2024/02/09/lifting-uk-economy-no-game-changer-for-pm
Rishi Sunak's five promises: What progress has he made?: In January the prime minister said five priorities should be used to hold his government to account.
bbc.com/news/65647308
In today’s First Edition: Guardian experts assess the government’s progress on the prime minister’s key promises.
Sign up to our free ... Show more theguardian.com/firstedition23-fb theguardian.com/world/2024/jan/04/sunak-five-pledges-a-year-on-we-rate-his-success
Junior Doctors at N.H.S. Begin 6-Day Strike: The young doctors’ walkout is planned for six days — their longest action yet — and could result in numerous ...
nytimes.com/2024/01/03/world/europe/national-health-service-doctors-strike.html
Quick Glance: British Doctors Strike for Better Pay
- Thousands of British doctors strike for six days over poor pay and working conditions.
- Patients in Britain faced cancelled treatments as doctors walked off the job.
- Emergency and maternity services are covered by senior doctors and other medics.
- The strikes are having a serious impact on patients and have resulted in over 1.2 million rescheduled appointments.
The Rishi Price Index: The Readout With Lizzy Burden: Talk about inflation. Rishi Sunak spent this morning’s Cabinet meeting marking his own homework and working ...
bloomberg.com/news/newsletters/2023-12-19/the-rishi-price-index-the-readout-with-lizzy-burden
The Standard View: Sharp fall in inflation is a welcome boost for government and consumers alike
standard.co.uk/comment/inflation-cpi-rishi-sunak-bank-of-england-interest-rates-b1128230.html
Pledge tracker: Rishi Sunak misses key targets: Article updated December 2023 After the tumultuous first few months of his premiership ...
newstatesman.com/spotlight/economic-growth/cost-of-living-crisis/2023/12/rishi-sunak-pledge-tracker-missed-targets
Rishi Sunak tells BBC to make cuts as he hints at smaller licence free increase: This week ministers will announce the level of the television licence fee for ...
inews.co.uk/news/politics/rishi-sunak-tells-bbc-make-cuts-hints-smaller-licence-free-increase-2789598
UK economy shrinks in Q3 ahead of election: "The fall in real GDP in the third quarter may mean that the mildest of mild recessions started ...
punchng.com/uk-economy-shrinks-in-q3-ahead-of-election/
Rishi Sunak has little to celebrate as cost of living crisis enters a new phase: The inflation shock may be fading but 13 years of Conservative-led governments ...
theguardian.com/business/2023/dec/17/rishi-sunak-has-little-to-celebrate-as-cost-of-living-crisis-enters-a-new-phase
James Dyson accuses Rishi Sunak of not ‘going for growth’ as UK at risk of recession
independent.co.uk/news/uk/politics/rishi-sunak-jeremy-hunt-growth-economy-james-dyson-b2468731.html
Will the 2024 mortgage timebomb be less bad than feared?: Rishi Sunak hasn’t had much good news of late. The BBC’s ‘fact checker’ declared this week that he has ...
spectator.co.uk/article/will-the-2024-mortgage-timebomb-be-less-bad-than-feared/
UK Watchdog Casts Doubt on Sunak Claim He’s on Track to Cut Debt: The UK’s budget watchdog cast doubt over Prime Minister Rishi Sunak’s claim that he is on track ...
bloomberg.com/news/articles/2023-11-28/uk-watchdog-casts-doubt-on-sunak-claim-he-s-on-track-to-cut-debt
BREAKING: Labour Leader Sir Keir Starmer attends the COP28 climate summit in Dubai
He says he "wants to see much more global leadership from the ... Show more trib.al/TwbhrQn
Sunak faces bleak economic backdrop to expected 2024 UK election: British Prime Minister Rishi Sunak is facing a bleak economic backdrop to the election he is ...
reuters.com/world/uk/sunak-faces-bleak-economic-backdrop-expected-2024-uk-election-2023-12-05/
UK economy shrinks before election year: The downbeat news delivers a blow to Conservative Prime Minister Rishi Sunak, who trails opposition Labour leader Keir ...
newvision.co.ug/articledetails/NV_177475
Rishi Sunak promises to cut taxes as autumn statement looms: The prime minister says that now inflation has halved since its record highs last year ...
news.sky.com/story/rishi-sunak-promises-to-cut-taxes-as-autumn-statement-looms-13012154
Quick Glance: Jeremy Hunt Plans Tough Decisions on Benefits and Inheritance Tax
- Chancellor Jeremy Hunt plans difficult decisions to reform the welfare state while cutting inheritance tax.
- Hunt emphasizes no easy way to reduce the tax burden and highlights the importance of the inflation decline.
- He announces it is the crucial moment for economic growth and refuses to disclose details about tax cuts.
- It is expected that Hunt is considering a cut to inheritance tax to gain party support.
Call to close visa route for cheaper foreign staff: Dancers and graphic designers on ‘shortage’ list
thetimes.co.uk/article/call-to-close-visa-route-for-cheaper-foreign-staff-l2twm63x7
Paid articlePaid UK PM Sunak promises tax cuts after meeting his inflation pledge: British Prime Minister Rishi Sunak said his government would turn to cutting tax after a fall ...
reuters.com/world/uk/uk-pm-sunak-promises-cut-taxes-carefully-sustainably-2023-11-20/
UK Economy Outlook for 2024 Signals Falling Inflation, End of Living Cost Crisis: Britain’s economy probably will avoid a recession in 2024 and strengthen in the ...
bloomberg.com/news/articles/2023-12-28/uk-economy-outlook-for-2024-signals-falling-inflation-end-of-living-cost-crisis
UK inflation slows sharply to 4.6%: Bigger than expected fall allows Rishi Sunak to say he has met pledge to halve rate of price rises
ft.com/content/3d4dfc94-eba8-42e9-a569-03d8ff9f7c52
Paid articlePaidQuick Glance: Surprising Drop in US Producer Prices in October
- Last month saw the largest decrease in the producer price index for final demand since April 2020 at 0.5%.
- The PPI increased by 1.3% in the 12 months through October, following a 2.2% rise in September.
- Goods prices experienced a 1.4% decline in October, with a 15.3% decrease in gasoline prices being responsible for over 80% of the drop.
- Food prices fell by 0.2%, while prices for light motor trucks decreased.
‘Spreadsheet Sunak’ is turning into ‘Stagnation Sunak’: The PM loves a wonkish statistic, but his plunging popularity is the number that may worry his party most
inews.co.uk/opinion/spreadsheet-rishi-sunak-stagnation-2807591
Rishi Sunak’s new migration laws may cause inflation to rise, say economists: Businesses and experts warn plan by PM and James Cleverly to slash number of legal ...
inews.co.uk/inews-lifestyle/money/small-business/rishi-sunak-new-migration-laws-inflation-economists-2793585
Cut taxes and interest rates to avoid recession, senior Tories warn: Revised GDP figures show the UK is on the brink of a recession
inews.co.uk/news/politics/sunak-urged-cut-taxes-new-figures-uk-brink-recession-2822900
Quick Glance: UK Economy Contracts, Recession Risk Rises
- The United Kingdom's GDP contracted more than anticipated in the third quarter of 2023, increasing the risk of a recession, according to official data.
- Revised figures from the Office for National Statistics (ONS) indicate a 0.1% decline in Gross Domestic Product (GDP) from the initial estimate of zero growth.
- The economy also showed no growth during the second quarter of the year, contrasting with previous estimates of 0.2% growth, painting a bleak picture for the economy.
- A decline in GDP between October and December raises the prospect of an economic recession, defined as two consecutive quarters of negative growth.
State pension triple lock in doubt as Sunak and Starmer won’t commit to it: The two main party leaders refused to guarantee that the policy would be in their ...
inews.co.uk/news/politics/state-pension-triple-lock-in-doubt-sunak-starmer-wont-commit-2789614
Highest ever October state borrowing costs, official figures show: The highest amount in any October was spent paying interest on state borrowing last month ...
news.sky.com/story/highest-ever-october-state-borrowing-costs-official-figures-show-13010009
Inflation in UK falls to 3.9%, PM Rishi Sunak celebrates 'good news' : London, Dec 20 (PTI) British Prime Minister Rishi Sunak on Wednesday welcomed the “good ...
deccanherald.com/world/uk-ld-economy-2-2819349
Sunak set to reach target of halving inflation : Tory officials hope Wednesday’s price data and buoyant tax receipts brighten the outlook for Autumn ...
ft.com/content/b2657b3f-2015-4d8b-a63b-1ae6c91d1df0
Paid articlePaid Autumn Statement: Jeremy Hunt’s UK Tax and Spending Plans: What to Look Out For: Chancellor of the Exchequer Jeremy Hunt is expected to announce tax cuts and ...
bloomberg.com/news/articles/2023-11-21/jeremy-hunt-s-uk-tax-and-spending-plans-what-to-look-out-for
Quick Glance: Impact of Hunt's Tax Cuts on Next UK Chancellor
- Next government may face cuts in public services to meet Autumn Statement pledges
- Jeremy Hunt's tax cuts have implications for his successor at the Treasury after the next UK general election. Economists warn of significant cuts to public services due to the pledged £20bn tax cuts.
- Paul Johnson, director of the Institute for Fiscal Studies, highlighted the challenge Hunt or his successor would face in managing post-election pressure on public services.
- While the decision was well-received by business groups and the right-wing press, it leaves large parts of the public sector with austerity measures, with unclear implementation plans.
Autumn Statement: Sunak Says Tax Cuts On the Cards Now Inflation Has Halved: Prime Minister Rishi Sunak said his UK government can begin to cut taxes after ...
bloomberg.com/news/articles/2023-11-20/sunak-says-tax-cuts-on-the-cards-now-inflation-has-halved
Rishi Sunak can’t take the credit for falling inflation: Even the best-run companies have occasional leadership crises. But if you asked ChatGPT to come up with ...
spectator.co.uk/article/rishi-sunak-cant-take-the-credit-for-falling-inflation/
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Autumn Statement: What's expected and how it could help or hinder you: Chancellor Jeremy Hunt will on Wednesday update the public on the state of the UK economy ...
itv.com/news/2023-11-21/autumn-statement-whats-expected-and-how-it-could-help-or-hinder-you
UK forecast for second-worst economic growth in the G7: The UK economy is set for the second-slowest growth of the world’s G7 advanced economies ...
thenational.scot/news/23956503.uk-forecast-second-worst-economic-growth-g7/
Quick Glance: OECD Forecast 2024: Global Economic Growth Slows Down
- OECD predicts slow growth of 2.7% in 2024 due to financial conditions, weak trade growth, and low business and consumer confidence.
- The USA and many other commodity-producing countries continue to experience solid GDP growth unlike Europe.
- The eurozone is expected to see a 0.5% annual GDP growth for the last three months of 2023.
- Inflation rates have decreased overall, but rising energy prices could slow down growth.
U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy: The U.K.’s top financial official, Jeremy Hunt, outlined measures to spur business ...
nytimes.com/2023/11/22/business/uk-economy-autumn-statement-jeremy-hunt.html
Senior Tory not ruling out party turnaround despite huge Labour lead in the polls
standard.co.uk/news/politics/david-davis-polls-labour-tory-rishi-sunak-small-boats-rwanda-suella-braverman-inflation-b1121308.html
Sunak hopes tax cuts will turn tide but inflation isn’t sunk yet: Thursday November 9 may prove to be one of the most consequential days of Rishi Sunak’s ...
thetimes.co.uk/article/rishi-sunak-autumn-budget-suella-braverman-jeremy-hunt-qzs6lw28w
Paid articlePaid Sunak’s tax cut hope at risk from high interest rates, insiders fear: Labour is planning to pile on the pressure about the way that economic stagnation hits ...
inews.co.uk/news/politics/sunaks-tax-cut-plan-at-risk-from-high-interest-rates-insiders-fear-2810087
PM likely to uprate benefits and keep pension triple lock, ITV News understands | ITV News
itv.com/news/2023-11-20/pm-likely-to-uprate-benefits-and-keep-pension-triple-lock-itv-news-understands
UK Autumn Statement: 9 secrets buried in the small print: Cut through the spin with POLITICO’s guide to the fiscal small-print.
politico.eu/article/9-hidden-details-in-the-uks-tax-cutting-autumn-statement/
When should Rishi Sunak call the next British election?: The economic signs suggest the prime minister has no good options
economist.com/britain/2023/11/03/when-should-rishi-sunak-call-the-next-british-election
Economy: British Finance Minister: Growth forecast for 2024 more than halved: The Chancellor of the Exchequer, Jeremy Hunt, announced “responsible” tax cuts ...
handelsblatt.com/politik/international/konjunktur-britischer-finanzminister-wachstumsprognose-fuer-2024-mehr-als-halbiert/29516876.html
Rishi Sunak can’t take the credit for falling inflation: Even the best-run companies have occasional leadership crises. But if you asked ChatGPT to come up with ...
spectator.co.uk/article/rishi-sunak-cant-take-the-credit-for-falling-inflation/
Paid articlePaid Rishi Sunak has promised he will cut taxes, now the government has achieved its pledge to halve inflation, but hasn't said which he will cut ... Show more trib.al/3GCBvak
Great Britain: Why Sunak is bringing Cameron back into government: With Cameron's appointment as foreign secretary, Prime Minister Sunak wants to remind ...
nzz.ch/international/grossbritannien-warum-sunak-cameron-in-die-regierung-zurueckholt-ld.1765616
Sunak’s asylum plan is scuppered: The Prime Minister will probably fail to meet his pledge to stop the small boats by the next election ...
inews.co.uk/news/politics/sunaks-asylum-plan-scuppered-2758497
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