Browsing: October Budget

The UK grew at a slower pace than expected in the third quarter, according to new figures, with business groups pointing to the impact of uncertainty ahead of last month’s Budget.

The chancellor delivered her first Mansion House speech on Thursday as she urged the City regulators to allow financial service providers to take greater risks, saying that the rules introduced after the 2008 financial crash had “gone too far” and were harming growth.

The speech is an annual address to the City of London by the sitting chancellor. In her first address, she attempted to reassure the City that she had a growth strategy. Much of her speech is highlighted across print media and online this morning.

The Bank of England governor Andrew Bailey also gave a speech yesterday at the event in which said the UK must improve its relationship with Europe saying the “consequences of Brexit” were damaging the economy.

Pension ‘megafunds’ to be created to boost investment and economic growth Pension “megafunds” are set to be created to help…

UK Daily Trending stories Trending – October Budget backlash as fallout continues October Budget backlash continues to dominate the news…

Trending News Inspiration Papers News that Matters Impact on your life Good News Rachel Reeves admits tax hikes will hit…

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’ Rachel Reeves has admitted…

Starmer accused of lying to farmers as ‘tractor tax’ threatens to destroy countryside and increase cost of food Sir Keir…

Union bosses want Reeves to pay compensation to miners who took on Thatcher The chancellor is under pressure from trade…

Reeves gives Labour post-Budget poll boost despite £40bn tax row Labour has seen its poll rating rise to its highest…

UK Daily Trending stories Trending – Labour budget met with scepticism and praise On Wednesday the government delivered the October…