Bank of England governor Andrew Bailey slams firms for participating in ‘greedflation’ July 6, 2023 Businesses charging unfair prices for products must be “tackled” to help bring down inflation, the Governor of the Bank of England has claimed. Andrew Bailey, speaking to the BBC’s Newsround programme, said there is evidence that some retailers are “charging too much” for petrol. His comments come after the UK’s competition watchdog, the Competition and [...]
Rishi Sunak: Brits will never have it so good (next year) despite ‘real risk’ of recession August 17, 2023 Rishi Sunak has outlined his hopes to ensure Britons feel better off next year, amid warnings that the UK economy faces a “very real risk” of recession due to higher interest rates. The Prime Minister attempted to strike an optimistic tone when asked about efforts to tame inflation, as he said there is a need [...]
Spring Budget 2024: Why a May election is now looking less likely March 6, 2024 After Chancellor Jeremy Hunt’s Budget, the tide of May election speculation that temporarily flooded Westminster has, well, swept out again.
Want to slim down the size of the state? Tax wealth not work and end fiscal drag November 23, 2023 The rhetoric in Jeremy Hunt’s Autumn Statement concentrated on the importance of rewarding hard work, shrinking the size of the state and lowering the tax burden.
Financial distress soars in ‘extremely testing’ UK business environment July 22, 2024 Although consumer facing firms were hit the worst, levels of distress increased across 20 of the 22 sectors covered in the Red Flag Alert.
Economy stagnant in April thanks to wet weather as recovery falters June 12, 2024 Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.
Amazon strikes: Coventry workers say they are ready for ‘David and Goliath battle’ against employer over poor pay conditions February 28, 2023 Amazon workers have said that they are ready for a “David and Goliath battle” as they begin their second round of strikes this year over poor pay and working conditions. More than 350 workers at Amazon’s Coventry warehouse will walk out today in anger at a pay rise of 50 pence. Employees at the warehouse [...]
Let’s be honest, young adults should be free to make their own choices May 30, 2024 From smoking bans to national service, depriving young adults of basic freedoms is a growing trend among policy makers, says Matthew Lesh Growing up we were told a straightforward story about how to succeed: try hard at school, get into university or some sort of training, find work in a relevant field, save for a [...]
Inflation falling rapidly but not enough to avert 14th straight Bank of England rate rise, experts warn July 5, 2023 Inflation is still hanging around in the UK economy due to businesses continuing to pass on higher wage bills, although there are signs price pressures have turned a corner, a closely watched survey out today reveals. A reduction in energy and transport bills caused by international gas markets and supply chains repairing from a series [...]
England need best players playing in Premiership, says Care October 3, 2023 England international Danny Care has said he sees the positives of proposed hybrid international contracts if it keeps the country’s top rugby players in the English Premiership. A number of stars, such as Henry Arundell and Jack Willis, have fled overseas after the collapse of the rugby clubs last season while the surviving 10 outfits [...]