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Latest estimate from ONS says GDP declined by 0.3% in final quarter of 2023Business live – latest updatesOfficial figures have confirmed that the UK economy went into recession at the end of last year, after the latest estimate found it contracted in the last two quarters of 2023.In a blow to the government’s economic standing, the Office for National Statistics (ONS) said the economy,...

Prime minister pledged to halve inflation, grow economy, cut national debt, lower NHS waits and ‘stop the boats’This article is extracted from our First Edition newsletter. Sign up hereOne year ago today, Rishi Sunak made five pledges that he said were a straightforward yardstick for his government’s success: “No tricks. No ambiguity. We’re either delivering for you or we’re not.” Here’s a report card...