spending
Spending plans mean £9 billion of cuts after next year, economists warn
Economists have suggested Labour’s longer-term spending plans are ‘extremely challenging’ and do not rule out a return to austerity.
At a glance: the key points from the Budget
Rachel Reeves set out £40 billion of tax rises along with major spending commitments as she sought to set the tone for Labour’s term in office.
NatWest: Consumer confidence improving but Budget and US election weighs on mood
The bank revealed it grew its mortgage lending in recent months amid an increase in the number of applications being sent by borrowers.
Councils’ spending deficit hits record level as absenteeism soars
Local government spending watchdog warns that councils’ long-term financial sustainability could be threatened
Back-to-school shop drives lunchbox sales while grocery inflation slows – Kantar
Grocery price inflation fell to 1.7% in August after rising in July for the first time in more than a year, according to data from analysts Kantar.
Robison confirms up to £500m of cuts as Holyrood returns after recess
Finance Secretary Shona Robison gave an update on the country’s finances as the Scottish Parliament returned after the summer break.
Robison blames Westminster for ‘austerity era’ ahead of spending cuts update
The Finance Secretary will update MSPs on Tuesday as Holyrood returns from the summer recess.
Fragile consumer confidence sees retail sales rise by 1% on last August
The figure was well below last August’s growth of 4.1% and below the 12-month average of 1.2%, according to the BRC-KPMG Retail Sales Monitor.
Shoppers buying more premium products after cost squeeze, Waitrose boss says
Waitrose executive director James Bailey said its premium ranges were selling much better than a year ago.
Britons enjoy active summer as sports spending booms during Olympics, data shows
Revolut spending data shows the start of the school holidays also prompted more trips to indoor entertainment venues in July.