Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.

The International Monetary Fund published a new report on the UK as Mr Burnham prepares to take the reins as the country’s new prime minister.

Days before Mr Burnham enters Downing Street, the Office for National Statistics (ONS) said gross domestic product (GDP) grew by just 0.1 per cent in May, after shrinking by 0.1…

Sources close to the Prime Minister-in-waiting repeatedly refused to rule out his incoming Government hiking the levy in the New Year and increasing it annually by linking it to…

Analysis from financial comparison site Moneyfacts showed 13 major lenders have put up borrowing costs as renewed fighting in the Middle East stokes inflation fears.

Some economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.4% in June, from 2.6% in May

Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.

Andy Burnham is set to inherit the third-strongest economy of any Prime Minister in the last 50 years, argue analysts

British government bond yields saw a slight increase on Monday. Andy Burnham is set to become the country's seventh Prime Minister in a decade. Investors are anticipating one or…

Britain’s new Prime Minister Andy Burnham on Monday promised to set out new measures to help with the cost of living this week before setting out a new

The new Prime Minister has promised unity and stability for the UK, including economic proposals designed to tackle the cost of living crisis

Andy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertainty. Measures may include capping bus…

Burnham is attempting to act quickly to deliver on promises to tackle the UK's cost-of-living crisis.

Andy Burnham told the inaugural meeting of his cabinet Tuesday that he would lead a "cost-of-living government", after unveiling an energy tax cut on his first full day as prime…

Andy Burnham gathered his new cabinet Tuesday as he got down to work on his first full day as Britain's prime minister, unveiling an energy tax cut aimed at easing cost-of-living…

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New British Prime Minister Andy Burnham announced a tax cut to ease cost-of-living pressures prior to convening his first Cabinet meeting yesterday afternoon.A day after earlier…

Andy Burnham’s promise to cut VAT from electricity bills came alongside the news that government borrowing in June amounted to £16 billion - nearly bang on target.

Inflation shows the rate at which the price of goods and services rises over time

Annual June figure comes after new PM pledges to reduce cost of living and improve economy

Die Verbraucherpreise stiegen im Vergleich zum Vorjahresmonat um 2,6 Prozent. Grund dafür waren vor allem die gesunkenen Benzinpreise – infolge der Deeskalation im Iran-Konflikt.