Former Treasury permanent secretary Sir Tom Scholar who was sacked by Liz Truss could become the new chairman of Santander UK, according to a report. Sir Tom, who helped devise the Covid-19 furlough ...

The United Kingdom isn’t going to “rush into a deal” with President Trump over tariffs, but it is working to reduce barriers, ...

The Bank of England is focused on the potential U.K. growth shock from U.S. tariffs if there is a slowdown in global trade, ...

The government borrowed more than expected last year, placing more pressure on the public finances ahead of the full impact ...

Grant Fitzner, the ONS’s chief economist, said: “Our initial estimates suggest public sector borrowing rose almost £21 ...

Grant Fitzner, the ONS’s chief economist ... it said domestic issues also motivated the decision to cut its UK forecasts. A Treasury spokesman said: “Our tax system is fair and progressive ...