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247 headlines found — Page 9 of 21

Guido Fawkes17 Jun 2026

Inflation Remains at 2.8% in May

New figures from the Office for National Statistics show inflation did not change in May. Sticking at 2.8%… Motor fuel prices rose by 24.6% – the ONS says “food and non-alcoholic beverages made the largest, partially offsetting, downward contribution.” On the producer side the ONS records input prices rising by 8.7% in the year to…

EconomyDefence
Guido Fawkes16 Jun 2026

International Report Calling for Global Wealth Cap Was Part-Funded by British Taxpayers

A report by a group of international leftist economists calling for an end to global growth was part-funded by the British taxpayer. Of course it was… Thomas Piketty, increasingly deranged ‘inequality economist’ and darling of social democrats everywhere, penned The Global Justice Report this month which called for GDP per capita in wealthy countries to be…

EconomyReform
Guido Fawkes16 Jun 2026

Streeting Sets Out His “Economic Blueprint” for Britain

“Make me Chancellor, Andy”…

Economy
Guido Fawkes15 Jun 2026

WATCH: Jenrick Announces Plan to Raise Tax on Foreign Workers

Guido’s Editorial Director Adam Cherry asked Robert Jenrick if he was concerned that Reform is expanding the tax code with its new ‘Employers’ Migrant Labour Levy’. Read more on the policy here… Jenrick insisted Reform will simplify the tax code (although there’s a new ‘smart’ tax proposal today), and said “millions and millions of working…

Economy
Guido Fawkes15 Jun 2026

LIVE: Jenrick Hosts Press Conference on ‘Putting British Workers First’

Jenrick and Badenoch are both going live at 11am. Jenrick is promising ‘long overdue tax reform’. Watch above…

Economy
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
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
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
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
Guido Fawkes9 Jun 2026

Labour’s ‘Public-Private Partnership’ Financial Services Unit Has No Private Sector Staff

The government’s flagship “single front door” for international finance, which was sold as a public-private partnership drawing in the City’s biggest firms, hs no private sector staff involvement. At its October 2025 launch, the Office for Investment: Financial Services was billed as “a public-private partnership” bringing together the OfI, HM Treasury, No10, the PRA, the…

Economy
Guido Fawkes9 Jun 2026

UK Defence Plan Not Mentioned Once at Cabinet

The small matter of defence spending was not mentioned once at this morning’s Cabinet meeting. The elusive Defence Investment Plan is still without a publication date, and ministers are now in furious clashes over proposed cuts to their departmental capital budgets to fund an uplift. Rather than try to resolve this endless farce, the Cabinet…

PoliticsEconomyDefence
Guido Fawkes8 Jun 2026

Music Company Received More Than £35,000 of Taxpayer Cash After Funding Burnham’s Glastonbury Stay

Andy Burnham accepted free accommodation at Glastonbury festival from a music royalties company months before the Greater Manchester Combined Authority paid it more than £35,000. Must have been a nice tent… Burnham registered £1,000 of Glastonbury accommodation in June last year for two from PRS for Music LTD. Four months later, on 27 October, GMCA…

Economy