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The Guardian Politics18 Mar 2026

‘Basics’ of life in Britain have been sold for profit, says Polanski

Exclusive: England and Wales Greens leader outlines economic policy including help to meet rising energy costs and water re-nationalisation Successive governments have turned the UK from a manufacturing economy to one where the basics of life have been privatised and are rented back to people at a crushing cost, Zack Polanski will say. In a speech billed as the Green leader’s biggest policy intervention since he took over as leader six months ago, Polanski will argue that decades of gradual econ

EconomyEnvironmentHousing
The Guardian Politics17 Mar 2026

Reeves plans to give regional leaders a share of national tax revenues

Chancellor seeks to tackle centralised and ‘geographically unequal’ country in ‘a genuine break with the past’ Business live – latest updates Rachel Reeves has announced that the Treasury will draw up plans to give regional leaders a share of national tax revenues as part of a radical plan to rebalance the economy of England. Setting out her intention of creating “investment-led growth”, the chancellor promised “a genuine break with the past” that would shift spending power away from Westminst

Economy
The Guardian Politics17 Mar 2026

Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live

Rolling coverage of the latest economic and financial news The number of people in England and Wales falling into insolvency has jumped. There were 11,609 individual insolvencies registered in England and Wales in February, the Insolvency Service has reported this morning. This was 18% higher than in February 2025 and 6% higher than in January 2026. The individual insolvencies consisted of 768 bankruptcies, 4,210 debt relief orders (DROs) and 6,631 individual voluntary arrangements (IVAs). The n

Economy
The Guardian Politics16 Mar 2026

Trump’s war is bringing economic calamity to the UK – and another shock to our politics | Gaby Hinsliff

Hard choices lie ahead for Downing Street if higher fuel prices spark resentment and trigger a renewed cost of living crisis Seventy years ago this winter, the streets of Britain fell eerily quiet. After one last panic buying spree, many garages shut, and traffic even in the heart of London dwindled away. The formal introduction of petrol rationing had begun, limiting drivers to 200 miles’ worth a month – with exceptions for farmers, doctors and vicars – after the Suez crisis blocked fuel suppli

PoliticsEconomyDefenceHealthcare
The Guardian Politics16 Mar 2026

Can Starmer avoid being drawn into the US-Iran war? – podcast

The PM says the UK will not be dragged into wider war in the Middle East and pledges support to households struggling to pay for heating oil. Pippa Crerar and Kiran Stacey talk about what the government is doing to support people during the cost of living crisis and the fallout from the war. Plus a look at Brussels as the government works on another EU-reset to create closer ties Continue reading...

EconomyDefence
The Guardian Politics16 Mar 2026

Britons should strive to pay minimum tax legally possible, says Richard Tice

Reform UK’s deputy leader comments came as he was responding to questions raised about his own tax affairs All Britons should do their best to pay the minimum tax possible, Reform UK’s deputy leader has argued as he dismissed a newspaper investigation over his own tax affairs as a smear. Richard Tice, who was presenting a press conference on Monday about Reform’s claims to have saved large sums of money in the English councils it runs, faced questions about a Sunday Times story which detailed a

EconomyReform
The Guardian Politics15 Mar 2026

Labour has weapons in its arsenal to cushion the poorest from Iran war economic fallout | Heather Stewart

Timely end of two-child limit plus a healthy uptick in universal credit signals ‘lifechanging’ boost to Britons most exposed to ‘Trumpflation’ It doesn’t involve warships, drones or strategic oil stocks, but one of Labour’s most potent weapons for containing the economic aftershocks from the Iran war for the UK is about to be unleashed: the scrapping of the two-child limit. If the cost of essential goods spikes as a result of high oil prices it is the poorest households who will be the most expo

EconomyDefence
The Guardian Politics14 Mar 2026

Invisible datacentres and capricious chips: is UK’s AI bubble about to burst?

Datacentre investment boom is one of the biggest infrastructure gambles of this era, and Britain may be uniquely exposed Stargate was to be the world’s biggest AI investment: a $500bn infrastructure project to “secure American leadership in AI”. Never shy of hyperbole, its key backer, the ChatGPT-maker OpenAI, promised “massive economic benefit for the entire world” with facilities to help people “use AI to elevate humanity”. Now, OpenAI appears to be dropping out of a part of the deal – the exp

Economy
The Guardian Politics13 Mar 2026

Patients face long journeys for medicines as pharmacies cut weekend hours

More than 20% of weekend availability lost in England since 2022, forcing some to turn to A&E, says national association People who need to obtain medication at the weekend are having to undertake long trips because more pharmacies are cutting their opening hours on Saturdays and Sundays. One in six pharmacies in England have reduced their hours at weekends since 2022, with some shutting altogether, as a result of “unsustainable” pressures on their budgets. Continue reading...

Economy
The Guardian Politics13 Mar 2026

Bleak economic data shows UK plc in trouble well before the Middle East crisis

Zero GDP growth in January will not help Rachel Reeves claim her policies have put UK in a stronger position to weather oil price storm Business live – latest updates UK economy unexpectedly flatlined in January, ONS data shows Even before Donald Trump’s Operation Epic Fury on Iran unleashed higher oil prices, threatening the outlook for growth and inflation, the UK economy was flatlining. That’s the bleak message in the latest data from the Office for National Statistics (ONS), which showed

Economy
The Guardian Politics13 Mar 2026

UK economy unexpectedly flatlined in January, official figures show

Monthly GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut Business live – latest updates The UK economy entered the Middle East crisis after a weak start to the year, according to official figures showing flatlining January output before the US-Israel war on Iran hit global energy prices. Figures from the Office for National Statistics (ONS) showed zero growth in gross domestic product (GDP), down from an increase of 0.1% in December,

EconomyDefence
The Guardian Politics12 Mar 2026

MPs launch student loans inquiry amid ‘perfect storm’ for young people in UK

Influential Treasury committee chair Meg Hillier says review follows growing concern over graduate debt UK firms struggling to hire young people amid cost pressures, MPs told Young adults in the UK face a “perfect storm” of economic challenges, the head of the influential Treasury select committee has warned as it launches an inquiry into student loans. The cross-party committee’s investigation comes as the government considers ways to ease the burden on graduates, amid a growing backlash abou

PoliticsEconomyDefence