British finance minister Rachel Reeves said the chair of the country's antitrust regulator decided to step down after recognising that the agency needed to be headed up by someone who shared the government's "strategic direction".
Government borrowing rose more than expected in December, reaching the highest level for the month for four years.
We got the latest UK employment data this morning. With the usual caveats around its reliability, there are signs of the market slowing — unemployment rose from 4.3% to 4.4% — but wage growth remains strong. Both regular pay and pay with bonuses rose by 5.6% in the year to November, which means wages are rising well ahead of inflation.
Rachel Reeves could protect banks from having to shell out £30bn in compensation over alleged mis-selling of car loans.
Pensions minister Torsten Bell (pictured), who has just arrived at the Treasury, has previously questioned the sustainability of the triple lock.
A decision to push ahead with a massive expansion of Heathrow is likely to be strongly opposed by Ed Miliband and Sadiq Khan
Chancellor plans Heathrow and Gatwick expansion, defying climate advisors. Environmental groups warn this could jeopardise UK's climate commitments.
Labour split as Rachel Reeves poised to back third runway at Heathrow in bid for economic growth - Chancellor, who has warned the recent rising cost of borrowing underlined the need for ministers to go ‘further and faster’ in search of growth,
The chancellor is weathering choppy economic waters – but the roots of these date back much further than Reeves’ time in the job.
Lohud.com, Westchester County on MSN12d
Britain can no longer afford Rachel Reeves
As any football fan knows, statements of support from the board are rarely followed by good news. As in football, so in finance, and the Treasury’s attempt to dismiss as “pure speculation” the suggestion that yields on Government debt spiking to their highest level since 2008 could put Chancellor Rachel Reeves in breach of her own fiscal rules do not seem likely to inspire confidence.
CHANCELLOR Rachel Reeves is set to support a third runway at Heathrow Airport and endorse the full-time use of a second runway at Gatwick Airport. Plans to introduce an additional runway at
Government could back much-delayed plan for third runway at Heathrow, as well as expansion of Gatwick and Luton airports