Global heating of 2C would cause billions in damage each year by 2050, according to risk assessmentThe climate crisis will wipe at least 1% a year off the UK’s economy by 2045 if global temperatures are allowed to rise by 2C, the government has said.Mo…
Two in three UK firms expect to raise prices in Christmas run-up, poll finds
BCC warning comes as Greggs flags price pressures amid surge in fuel and energy costsNearly two-thirds of UK manufacturers expect to raise their prices in the run-up to Christmas after being hit by mounting cost pressures, a leading employers’ group ha…
Pathway to a sustainable economy | Letters
Dr Patrick O’Sullivan and Tony Brauer respond to George Monbiot’s claim that ‘there is no such thing as green growth’George Monbiot (‘Green growth’ doesn’t exist – less of everything is the only way to avert catastrophe, 29 September) has written more …
What the government has to do to get the economy moving again
Ministers must sit down with businesses to work out a recovery plan to stop Britain’s economy falling into recessionUK business confidence collapses as ‘stagflation’ fears growCovid cases rise as UK schools return and furlough endsThe events of the pas…
Martin Rowson on the end of furlough – cartoon
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Autumn budget must show financial firepower behind ‘levelling up’ | Richard Partington
As the UK economy enters a rough patch, government needs to give substance to its flagship soundbiteBritain’s economic recovery from lockdown is stalling and inflation is on the rise. With the approach of autumn, prophecies made earlier this year for a…
UK GDP: growth stalls as rising virus cases and shortages hit recovery – business live
Rolling coverage of the latest economic and financial newsBREAKING: UK GDP rose just 0.1% in JulyService sector and manufacturing stalledONS: staff shortages a factorConstruction output fell as firms struggle to source raw materialsIntroduction: UK’s J…
UK economic recovery stalled in July amid worker shortages
GDP grew by only 0.1% despite removal of most Covid controls, with supply chain crisis making impactCoronavirus – latest updatesSee all our coronavirus coverageBritain’s economic recovery from the winter lockdown virtually stalled in July despite the r…
Slowdown in UK recovery may be more than a supply chain issue
As pinged people stay home, unpinged people could be getting more cautious, suggesting a longer-than-expected recoveryNewspapers call August the silly season because not a lot happens. That’s not always the case, as events in Afghanistan have shown, bu…
UK growth hits six-month low as staff and materials shortages bite – business live
Rolling coverage of the latest economic and financial newsLatest: UK private sector growth hit six-month low in AugustFirms report big problems with staff and material shortagesEarlier:Eurozone private sector growth near 15-year high, but supply chain …