economy

News England

Watchdog: Baby Formula Prices and Branding Causing Poor Outcomes for Parents
14 February 2025
431
CMA’s Price-Saving Solution In its latest analysis of rising essential goods prices, the Competition and Markets Authority (CMA) revealed that households could potentially cut their annual spending by up to £300 simply by choos...
Finance Deal Stalls at COP29 as UN Climate Talks Extend Into Overtime
23 November 2024
1733
Stalled Talks, High Stakes Negotiators at the United Nations climate summit, Cop29, in Baku, Azerbaijan, have been engaged in high-stakes discussions as they race against time to break a stalemate on climate financ...
High Street Giant Slams Rachel Reeves as Shoppers Brace for Price Hikes
13 November 2024
805
Wage Increases, Price Pressures British businesses are voicing concerns over tax increases in Chancellor Rachel Reeves' latest Budget, which includes sharp rises in the National Living Wage and emplo...
Rachel Reeves Proposes £400 Tax Increase Affecting 700,000 Working People
29 October 2024
667
National Insurance Squeeze Chancellor Rachel Reeves appears set to raise taxes on up to 700,000 freelance workers through an increase in employers' National Insurance (NI), a move that could strain Labour...
Keir Starmer Warns: Middle East Conflict Sparks Domestic Tensions
6 October 2024
751
Middle East Crisis Fallout Prime Minister Sir Keir Starmer has expressed profound alarm over the escalating unrest in the Middle East, warning that it is fostering fractures within our own society. He has condemned the “deplorable ho...
Ian Murray Denies Having £150m 'War Chest' for Future Plans
22 September 2024
857
No War Chest: Murray Scottish Secretary Ian Murray has firmly denied reports of a £150 million fund designated for anti-poverty initiatives in Scotland. Speaking on BBC Scotland's The Sunday Show, Murray dismissed the figure, calling...
UK Economy Faces £40bn Tax Hikes: Britain's Debt Crisis Looms
13 September 2024
743
Tax Hikes or Cuts Loom Families across the UK may soon face up to £40 billion in tax hikes or severe spending cuts over the next decade, according to a warning from the Office for Budget Responsibility (OBR). Prime Minister Sir Keir Starmer&n...
Rent Controls Raise Rents, Review Finds, as Sadiq Khan Seeks New Powers
16 August 2024
867
UK Election Debate Rent controls, designed to make housing more affordable, may actually lead to higher prices, fewer available properties, and declining housing quality, according to a review of nearly 200 studies over 60 years acros...
Rachel Reeves Allegedly Copies EU to Conceal £2.8 Trillion Financial Crisis
10 August 2024
816
Reeves’ Bold Fiscal Move Rachel Reeves is reportedly taking inspiration from the European Union as she seeks ways to navigate strict fiscal rules on national debt to increase public spending, according to UK banking expert Bob Lyddon. Chancel...
Rachel Reeves’s Economic Policies Criticized: Pensioners Suffer as ‘Cruel’ War Backfires
2 August 2024
940
Economic Fallout Mel Stride has strongly criticized Labour’s decision to impose VAT on private schools and to eliminate winter fuel payments for nearly 10 million pensioners, calling the measures “inept and cruel.” Stride, a Tory ...
Concerned Families Hastily Distribute Wealth Due to Impending Inheritance Tax Increases
30 July 2024
799
Inheritance Tax Overhaul Anticipated inheritance tax changes by the Labour party have led to a surge in families distributing wealth. Chancellor Rachel Reeves’ mention of a £22bn fun...
Rachel Reeves: New Powers for HMRC in Tax Crackdown on Savers
27 July 2024
843
Labour's £5bn Tax Recovery Plan The Chancellor may give HMRC more power to monitor savers, investors, and freelancers for underpaid taxes. Rachel Reeves, with an expert panel, is exploring ways to improve HMRC’s efficiency. One proposal...
Rachel Reeves Initiates £7.3 Billion National Wealth Fund: A Comprehensive Overview
9 July 2024
939
UK’s Path to Prosperity In a bold move to bolster UK infrastructure projects, Chancellor Rachel Reeves is launching a £7.3bn National Wealth Fund (NWF). The fund is designed to draw private investment, aimin...
BT Boosts Shareholder Payouts Amid Global Unit Strategy Review
16 May 2024
1154
BT CEO Eyes UK Focus BT's new chief executive, Allison Kirkby, is exploring the possibility of selling the company's global business telecoms division to sharpen its focus on core operations in the UK. Kirkby revealed this strategy during BT's annua...
Landlords Selling Off: 2,000 Households at Risk of Homelessness Monthly in England
15 May 2024
975
Renters' Rights Delayed In England, over 2,000 households face eviction monthly due to economic uncertainties. Demand for temporary housing has surged by 40%, while high interest rates are prompting landlords to reduce rental por...
UK Car Dealership to Shut 16 Sites, Cut 250 Jobs After US Takeover
24 April 2024
1142
Shift into Gear The US owner of CarStore, Lithia Motors, has unveiled plans to restructure its UK operations, including the closure of 16 sites and the reduction of 250 jobs. This decision comes as part of a strategic realignment following...
Olive Oil Prices Skyrocket: Shoppers Splurge Up to £16 for 'Liquid Gold
15 April 2024
1635
Price Surge Alert Leading supermarket brands approach £8 per bottle. Recent data from the Office for National Statistics shows a 39% increase in average prices over the past year, now at &...
Labour Takes on Hunt's Budget with Viral Meme Campaign on Social Media
6 March 2024
2470
Labour's Comic Crusade As the UK anticipated Jeremy Hunt's Budget announcement amid economic challenges, the Labour Party launched a creative attack on X, using pop culture figures like Bob Mortimer, Willy Wonka, and Ant and Dec to critique the Chan...
Communisis Printing Firm Collapse: Uncovering a £200m Deficit
25 January 2024
2631
Встряска в полиграфической отрасли Закрытие типографии Communisis привело к ошеломляющему дефициту в размере более 200 миллионов фунтов стерлингов, кульминацией которого стало административное управление компанией. Недавно обнародованные документы ...
2009’s Record Broken: London’s House Prices Plunge at Unprecedented Speed
17 January 2024
2593
London Property Prices Tumble London house prices have plummeted at the fastest rate since 2009, according to the latest data from the Land Registry. The average price in the capital has dropped by 6% year-on-year to £505,000, marking two cons...
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