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Guido Fawkes12 Jun 2026

NEW: UK Economy Contracted By 0.1% in April

From the ONS: Real gross domestic product (GDP) grew by 0.7%, following a growth of 0.6% in the three months to March 2026 and a growth of 0.5% in the three months to February 2026. Monthly GDP contracted by 0.1% in April 2026, following growths of 0.3% in March 2026 and 0.4% in February 2026.…

Economy
Express Politics12 Jun 2026

UK economy shrinks again in disaster for Rachel Reeves and Keir Starmer

Figures suggest that the economy shrank in April, as economists estimated a dip

Economy
The Guardian Politics12 Jun 2026

UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 3% rise in March The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show. As energy prices have risen as a result of the conflict, after Iran closed off the strait of Hormuz – a key shipping route for global trade – the UK’s strong expansion in the first quarter had been expected to slide into reverse. Continue reading...

EconomyDefence
The Guardian Politics11 Jun 2026

Global wars, a depleted military and stubborn Labour MPs: Healey exposes Starmer’s perfect storm

There is no narrative to convince the British public that difficult economic decisions on defence will be worth it UK politics live – latest updates As Labour MPs set out the case for change in the tea rooms and bars of Westminster, there is usually one caveat. They believed the prime minister was an asset when it came to national security and had performed beyond expectations on the world stage. Now that reputation too lies in tatters, after the resignation of John Healey with one of the most

PoliticsEconomyDefence
Conservative Home11 Jun 2026

Ted Newson: Why Europe must prioritise firm power

China, India and the United States are exploiting their domestic energy advantages to support economic growth and industrial competitiveness. Britain should do the same. The post Ted Newson: Why Europe must prioritise firm power appeared first on Conservative Home.

Economy
Guido Fawkes11 Jun 2026

Defence Secretary John Healey Resigns

John Healey says Starmer and  Reeves planned to raise defence spending by only 0.26% per year after reaching 2.6% in 2027. Just 2.68% of GDP on defence in 2030 would fall well short of the 3% Healey was pushing for. He said: “I am being forced to make decisions that would reduce the readiness of…

EconomyDefence
The Guardian Politics11 Jun 2026

Young people in Britain are suffering a joblessness epidemic – and, so far, Labour is just making it worse | Larry Elliott

Youth unemployment is harming the mental health of a generation. A sluggish economy will only make things harder Unemployment is bad for anyone, but really hard on the young. That’s because prolonged periods of worklessness in your late teens or early 20s scar you for life. As academic studies have shown, it can cause depression and affect earning potential for years to come. There is a clear link between poor mental health and being unemployed. That’s why Alan Milburn’s probe into youth unemplo

EconomyHealthcare
Guido Fawkes11 Jun 2026

Miliband Digs in Over Net Zero in Funding Clash With Starmer

Ed Miliband is at war with Number 10 over its attempts to slash DESNZ’s budget by at least 1% to help fund the elusive Defence Investment Plan (DIP). According to the Telegraph, Miliband has gone studs up over demands to squeeze around £600m from the department. Will someone think of the heat pumps… Currently, around…

PoliticsEconomyDefenceEnvironmentHousing
The Guardian Politics10 Jun 2026

UK minister defends changes to student loans as pressure grows for reforms

Treasury minister Lucy Rigby says the government has the right to alter terms of existing agreements Ministers have rejected accusations that recent changes to student loans were unfair, arguing they are so heavily subsidised that the government has the right to alter their terms. Pressure has been intensifying on the UK government to reform the student loans system but the chief secretary to the Treasury, Lucy Rigby, told MPs on Wednesday that less than half of young people go to university, an

PoliticsEconomyEducation
Guido Fawkes10 Jun 2026

Reeves Says She Will Hike Taxes Again to Pay for Defence Boost

Rachel Reeves told an investors’ conference last night that “borrowing can’t be the only answer” to hiking defence spending: “The money has to come from somewhere… Everyone can see the challenges. We are spending 2.6% of GDP from next April and the pressures are only going in one direction.” Reeves is currently battling John Healey…

EconomyDefenceHousing
The Guardian Politics10 Jun 2026

Nothing says stupidity like Reform's obsession with destroying British jobs | George Monbiot

The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of course Really? You want to destroy a million jobs? Vote Reform UK for mass unemployment: is that your pitch? Hammer these questions home whenever you meet a supporter of the party. Or, for that matter, a Conservative, as their party now takes an almost identical line. The figures are stark. They were compiled not by Just Stop Oil or the Green

EconomyEnvironmentReform
Conservative Home10 Jun 2026

Ruth Davidson: Graduate loans are a tax on aspiration: it’s time for Fair Fees

A fair system should not trap people in decades of repayments while their balances grow. It should set interest at a reasonable level, protect students from retrospective rule changes and make sure the cost of higher education is shared fairly between graduates and the wider country. The post Ruth Davidson: Graduate loans are a tax on aspiration: it’s time for Fair Fees appeared first on Conservative Home.

EconomyEducation