Economic News
Wednesday preview: EasyJet, RPC, UK inflation reading to clear up doubts?
Both budget airline easyJet and plastics maker RPC Group have the opportunity to set the record straight with investors as they provide trading updates on Wednesday, while UK inflation data could give a strong clue as what the Bank of England will do with its next interest rates decision.
OBR sees no Brexit dividend as Carney warns on no deal
The government’s fiscal watchdog has rejected the prime minister’s claim there will be a “Brexit dividend” for the public finances as the governor of the Bank of England warned of serious economic consequences if the UK leaves the EU with no deal.
UK govt accused of blocking self-employed access to Universal Credit
The government's refusal to change its stance on monthly calculations for Universal Credit payments continued to unfairly punish the self-employed, a worker lobby group said on Tuesday.
Vote Leave fined, referred to police over spending rules breach
The Brexit campaign group Vote Leave has been fined £61,000 and referred to the police for breaching spending rules in the 2016 referendum, Britain’s Electoral Commission said on Tuesday.
OBR to warn NHS spending pledge ups pressure for tax rises
The government’s unfunded pledge to spend more on the National Health Service has increased pressure for tax rises, the Office for Budget Responsibility will warn on Tuesday.
Slowing pay growth and record employment set puzzle for BoE
Pay growth has slowed to its weakest in six months despite record employment, posing a puzzle for the Bank of England as it decides whether to increase interest rates next month.