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The Guardian - Back to homeThe Guardian

Economic policy

August 2024

  • Engineers working in a UK factory

    Manufacturers and unions join forces to press for UK industrial strategy

    Exclusive: Industry leaders urge government to ‘seize the goodwill’ while at critical moment in attracting global investment
  • Larry Elliott

    Economics viewpoint
    A simple solution to Rachel Reeves’ spending cuts? Stop subsidising the banks

    Larry Elliott
    A £22bn ‘black hole’ could be filled overnight if Labour stopped paying unnecessarily high interest on balances at Threadneedle Street

    • The Guardian view on interest rate cuts: helpful for some, but costs are too high for too many

    • Brief letters
      Inheritance tax for an inherited mess

    • Bank of England braced for knife-edge interest rate decision

31 July 2024

  • A hand turning a thermostat with a penny in the middle of the dial

    Many pensioners can’t afford to lose the winter fuel allowance

  • Chancellor of the Exchequer, Rachel Reeves, in her office at no 11 Downing Street, London.

    Here’s how Rachel Reeves could plug the black hole in Britain’s finances

30 July 2024

  • Rachel Reeves speaks during a press conference at the Treasury (Photo by Lucy North/AFP)

    Today in Focus
    Rachel Reeves and the £22bn black hole – podcast

  • Angela Rayner announcing housing reforms in parliament.

    Politics live with Andrew Sparrow
    Greens say Labour should focus more on building council homes and that new housing plan is flawed – as it happened

  • They walk side by side through the Members' Lobby

    Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth?

  • Rachel Reeves in her office at no 11 Downing Street, London, ahead of her statement to the House of Commons on the findings of the Treasury audit into the state of the public finances.

    First Edition newsletter
    Tuesday briefing: What Rachel Reeves’ ‘tough choices’ mean for Britain

29 July 2024

  • Reeves speaks against a red background behind a sign in capitals saying: Fixing the foundations

    Reeves moves fast to tackle £22bn budget shortfall ‘covered up’ by Tories

  • Rachel Reeves making a statement in the Commons on public finances

    Rachel Reeves pursues political prize over £22bn financial hole

  • Rachel Reeves

    The Guardian view on Rachel Reeves’ statement: beyond the Tory black hole

  • Rachel Reeves

    Politics live with Andrew Sparrow
    UK politics: Winter fuel payments to be restricted as Reeves says there is £22bn spending shortfall – as it happened

  • Rachel Reeves is pulling off a transparent political manoeuvre. But she’s not entirely wrong

    Jonathan Portes

  • Rachel Reeves goes back to the future with her public finances statement

  • UK public finances show £22bn fiscal hole, says Rachel Reeves - video

  • Reeves scraps social care cap and some winter fuel payments to plug ‘£22bn hole’

  • Business live
    McDonald’s sales fall for first time since 2020, as higher prices deter consumers – as it happened

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