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

Economy The Guardian By Graeme Wearden 30 Jun 2026 09:06 1 min read
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. Axe

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.

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