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UK economy contracts for the first time in seven years

The Office for National Statistics has revealed that the UK economy has shrunk for the first time since the fourth quarter of 2012, with a 0.2 per cent fall between April and June.

Javid announces fast-track yearly review on spending

Chancellor Sajid Javid has announced that the Treasury will conduct a one-year spending review to provide “financial certainty” to government departments which will allow them to provide for public services around Brexit.

May to remain MP after standing down as Prime Minister

Theresa May has said that she will remain a sitting Conservative MP for her Maidenhead constituency after vacating the premiership.

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