Brexit will damage the UK economy “for the foreseeable future”, the head of the Bank of England has admitted. In comments which will be welcomed by campaigners to rejoin the European Union, Andrew ...

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist. The ...

Brexit had an even bigger impact on Britain’s economy than critics predicted, Rachel Reeves has said, as ministers have become increasingly bold in blaming the dire state of the nation’s finances on ...

Rachel Reeves acknowledged she was looking at potential tax rises and spending cuts to fill a black hole in her Budget which she said was partly due to the lingering impact of Brexit. The Chancellor ...

The prime minister is facing pressure from unions and some backbenchers to prepare a support package as oil and gas prices threaten to push up inflation ...