Sunday, 12 July 2026 · World
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Economy

Economy

The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.

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Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul

Economists including Jim O’Neill write open letter calling for single levy to replace six key taxes to raise money for public serv…

Invest in Britain or I’ll force you to, minister tells pension funds

Business secretary Peter Kyle says asset managers should feel a patriotic duty to make the UK a success The business secretary, Pe…

Almost no progress made on UK regional household income divide in 30 years, report finds

Despite promises of successive governments, gap between richest and poorest areas consistent since 1997 Britain’s deep regional in…

Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham

Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy A former chief economi…

UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news Today’s UK Service PMI report (which polls purchasing managers from acr…

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’ An economy…

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