Business budget: Hunt vows to cut taxes and boost investment by £20bn a year by 2030 November 21, 2023 Jeremy Hunt has vowed to boost business investment by £20bn a year by 2030 ahead of the Autumn Statement.
Retail apocalypse: More than 2,000 stores went bust as UK high streets suffer April 8, 2024 Over 2,000 retailers have gone bust in the last year, a new report has found, delivering another blow to the UK’s struggling retail sector.
Retail sales blow past expectations in sign UK economy is on the turn June 21, 2024 UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending.
Carpetright: Rival Tapi rescues brand out of administration as 1,500 jobs lost July 23, 2024 Carpetright has been rescued out of administration but more than 1,500 jobs have been lost, it has been confirmed.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Bank of England, Federal Reserve and ECB expected to keep interest rates on hold this week December 11, 2023 The Bank of England will likely hold interest rates for the third time in a row on Thursday, according to economists.
Kwarteng tightens rules around universal credit to ‘get Britain working again’ September 23, 2022 Kwasi Kwarteng has tightened rules around universal credit in a bid to “get Britain working again”. As it stands, universal credit claimants working up to 12 hours a week at the National Living Wage are at risk of cuts if they don’t take steps to increase their earnings nor meet regularly with a work coach. However, [...]
Spring Budget 2024: Sunak pledges to slash taxes ahead of March statement January 7, 2024 Prime Minister Rishi Sunak has repeated his promise to continue cutting taxes ahead of a March 6 budget. “I’m going to be crystal clear. My priority is cutting taxes,” he said.
Does hot wage growth derail hopes of a June interest rate cut? May 14, 2024 The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind.
Brewdog’s CEO James Watt hits back at ‘ridiculous levels of criticism’ following wages change January 15, 2024 The chief executive of Brewdog has hit back at the "ridiculous levels of criticism" his company received following the news that it would no longer be paying staff the ‘real’ living wage.