Starmer commits to reversing Truss’ cut to 45p rate of Income Tax September 25, 2022 Sir Keir Starmer has vowed to reverse the government’s decision to cut the 45p top rate of Income Tax for the UK’s biggest earners if Labour wins the next election. The Labour leader also said he would keep Liz Truss’ 1p cut to the 20p basic rate of Income Tax. Chancellor Kwasi Kwarteng announced the [...]
The traditional Great British Sunday Roast risks dying a slow and painful death September 25, 2022 A quarter of all British cooks say they are now less likely to prepare a Sunday roast and nearly a fifth say they will no longer use their oven at all as they respond to the cost-of-living crisis. Soaring energy costs appear to already be influencing kitchen habits, with 23 per cent of cooks saying [...]
Sunak should be modelling his fiscal rules on Clem Attlee’s, not Margaret Thatcher’s June 28, 2023 Debt and inflation are nothing new, but economic conditions today are very different from the past. To get out of the current sandstorm, Sunak should follow the lessons of Clem Attlee writes Paul Ormerod
I might hate the beeping of induction, but in the stove climate wars I’ll turn the gas off January 19, 2023 Barry Johnston gives his take on the culture war pitting gas hobs against induction - and finds that it's time we think about what it means to make the switch, for the environment
Consumer confidence plunges to Covid lockdown lows as households’ financial worries spiral July 6, 2022 Consumer confidence in the economy has plunged to its lowest point since the start of the pandemic as Sainsbury’s top boss warned the worst was yet to come. According to Which? research published today, only eight per cent of consumers felt the UK economy would improve over the next 12 months. However, nearly eight in [...]
The Notebook: Victoria Scholar on why 2024 might be a reality check for investors January 9, 2024 Victoria Scholar, head of investment at Interactive Investor, on what markets can expect from 2024, if January's anything to go by.
Rail passengers face disruption TODAY as unions strike and walk out in overtime snub July 22, 2023 Rail passengers face fresh travel misery on Saturday because of a strike by thousands of workers in a long-running dispute over pay, jobs and conditions. The walkout by members of the Rail, Maritime and Transport union will badly disrupt services, with some parts of the country having no trains all day. Services are also being [...]
Education union threatens teacher strike unless ‘inflation plus’ pay increase secured July 1, 2022 An education union has rejected a nine per cent pay increase for new teachers as inadequate and threatened to strike if a better offer is not made. The joint general secretaries of the National Education Union (NEU) wrote to the secretary of state Nadhim Zahawi asking him to address the “ profound crisis” in the [...]
Businesses warn inflation and supply chain crisis could be worse than impact of Covid-19 June 5, 2022 THE BUSINESSES at the backbone of the UK economy are increasingly worried inflation and supply chain issues will be more damaging to their prospects than the Covid-19 pandemic was, according to a closely watched sentiment tracker. Accountants BDO’s survey of medium-sized businesses suggests economic headwinds are squeezing both margins and wages – with tax hikes [...]
The Notebook: Why the Consumer Duty is something to celebrate August 6, 2024 Where the City’s movers and shakers have their say. Today, Debbie Kennedy, CEO at Lifesearch, takes the notebook pen to tell us why we should cheer the Consumer Duty Happy birthday to the Consumer Duty! Last week saw the one-year anniversary of Consumer Duty – a relative ‘unknown’ for the average person on the street, [...]