UK economy9 hrs agoBarclays cutting 5,000 jobs as it increases reliance on AIThe bank says it is using more AI leading to a 5% reduction in its workforce.9 hrs ago1 day agoThe 'trillion pound' oil fund the government believes Britain could have builtFor the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds. 1 day ago1 day agoHow much money does the UK government borrow, and why does it matter?The UK government borrows to fund day-to-day spending as well as long-term infrastructure projects.1 day ago2 days agoFaisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challengeThe economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.2 days ago2 days agoInflation and government borrowing highest for a year ahead of next week's BudgetInflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).2 days ago2 days agoWhat is happening to UK prices?UK inflation rose in September, pushed up by higher petrol and diesel prices.2 days ago2 days agoLabour will not have the courage to cut spending, says Badenoch Speaking ahead of next week's Budget, the Conservative leader says her party would make £70bn of cuts. 2 days ago3 days agoJobless rate falls but small firms cut back hiring Small firms cite labour costs as a key factor in scaling back hiring, the Office for National Statistics says.3 days ago3 days agoWhat is the Budget and what could be in it?Chancellor John Healey will set out his plans for UK taxes on 28 October.3 days ago...