Simon Clarke, chief secretary to the Treasury, tells BBC: ‘The idea that this is somehow just a British problem is fundamentally wrong’100,000 renters in England ‘risk eviction’ when universal credit is cutDitching furlough will add to UK economic woes…
Ditching furlough scheme will add to UK’s economic woes, warn unions and firms
Rishi Sunak criticised for cutting off wage-subsidy lifeline that still supports over a million jobsRishi Sunak’s decision to wind up the furlough scheme today will intensify Britain’s economic woes, an array of unions, business groups, employment expe…
Fears for 1 million furloughed staff with Sunak set to finally end scheme
After the success of the chancellors’s £70bn programme, there is uncertainty about the future direction of the economyThe biggest state intervention in the UK’s labour market in peacetime comes to an end this week when the government finally winds up i…
Martin Rowson on the energy crisis and M25 injunction – cartoon
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The universal credit cut is outrageous, but this callousness is nothing new | Frances Ryan
From the bedroom tax to ESA reductions, a gulf between those who make policy and those affected by it has brought a decade of miseryNext month, universal credit will be cut back by £20 to its pre-pandemic level. A policy that will – by the admission of…
Tell us: how will you be affected by the cut to Universal Credit?
We’re interested to hear how people receiving Universal Credit will be impacted by lower payments from the end of September Boris Johnson has been warned that more than 800,000 people risk being plunged into poverty as a result of an imminent cut to Un…
‘Impossible’ for Sunak to save on tuition fees without favouring well-off graduates
Chancellor should use income tax rather than student loan repayments, says Institute for Fiscal StudiesRishi Sunak will find it “essentially impossible” to save money on university tuition fees in England without hurting graduates on average earnings i…
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…
Darktrace’s astonishing rise makes City forecasters look sillier than usual | Nils Pratley
The cyber security firm has more than lived up to its promises, but that is not enough to account for its stellar riseThe prize for most undervalued flotation of the year goes to Darktrace. The Cambridge-based cyber security firm floated in April at 25…
Universal credit cut is a cruel blow for the poor | Letters
The planned abolition of the £20 uplift is the latest attack on claimants caught in an unfair benefits system, says Mark Newbury. Plus letters from Jane Middleton and Manuela GonnermannYour editorial (14 September) is correct in highlighting the link b…