UK living standards fall despite fastest growth in G7, highlighting Burnham’s economic challenge

UK living standards fall despite fastest growth in G7, highlighting Burnham’s economic challenge – business live

GDP quarterly national accounts show people grew worse off in January to March 2026, and saved less too

Newsflash: European media group Axel Springer has completed its takeover of the Telegraph in a £575m deal, after winning all the necessary regulatory approvals.

Axel Springer CEO Mathias Döpfner says:

”Today is a day we have worked towards for a long time, and one we will always remember.

Axel Springer was founded in 1946 under a British press license, and The Telegraph was our North Star. Axel Springer and The Telegraph share strong commitments to freedom, values, a tradition of embracing and pioneering technological change, and an entrepreneurial will to actively shape the future.

This summary is aggregated from The Guardian. Mckesson Finance UK does not claim ownership of this content. Read the full article on the publisher's website.