Britain’s Treasury chief tries to turn on the economic optimism after months of gloomy talk

Britain’s Treasury chief tries to turn on the economic optimism after months of gloomy talk

LIVERPOOL, England — British Treasury chief Rachel Reeves will pledge Monday not to return to an era of public spending cuts despite the dire state of the U.K.’s national finances. Reeves plans to stress optimism in a speech to the Labour Party’s annual conference, aiming to reassure party members, jittery despite a recent landslide election … Read more

The Fed sees its inflation fight as a success. Will the public eventually agree?

The Fed sees its inflation fight as a success. Will the public eventually agree?

WASHINGTON — With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years. The public at large? Not so much. Consumer surveys, including one released Friday by The Associated Press-NORC Center for Public Affairs Research, show that most … Read more

Rachel Reeves to promise ‘a budget to rebuild Britain’

Rachel Reeves to promise ‘a budget to rebuild Britain’

Rachel Reeves will pledge “a Budget to rebuild Britain” in her speech to the Labour Party conference in Liverpool on Monday. The chancellor is under pressure to provide some optimism after Labour’s gloomy messaging on the state of the economy they inherited from the Conservatives. But her controversial decision to axe winter fuel payments for … Read more

Aldi price match at Tesco

Aldi price match at Tesco

BBC Tesco is one of a number of supermarkets that matches some prices to Aldi Dozens of Tesco products price-matched to Aldi – such as chicken nuggets, cottage pie and blackcurrant squash – are not like-for-like, BBC Panorama has found. In the case of chicken nuggets, the Tesco product contained 39% chicken compared with 60% … Read more