ISA season breaks new record despite UK outflows revealing ‘structural problem’ Investing Charles Hall, head of research at Peel Hunt, warned that the data showed "exactly why the UK market has a structural problem".
UK credit card debt jumps as household finances squeezed in warning sign for the economy Personal Finance Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.
Running down the clock: Why 2024 is set to be a long year in politics Politics While Rishi Sunak is keen to run down the clock to November, Labour are eager to seize what they see as their moment, as we enter an election year.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Sunak pledges to cut taxes and make Britain the best place for business November 20, 2023 Rishi Sunak has pledged to cut taxes and make Britain “the best country in the world to do business” ahead of this week’s autumn statement.
Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement November 16, 2023 Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.
Javid: Truss ‘ignored’ Treasury warnings on balancing books – and Britain ‘paid consequences’ July 3, 2023 Liz Truss “ignored” warnings from the Treasury orthodoxy meaning the country “paid the consequences” for her disastrous mini-budget, Sajid Javid has said. The former chancellor said the focus in HMT on “balancing the books in the medium term” was a good thing, and without that the UK “would have constant financial crisis”. Speaking at an [...]
Sunak’s five pledges laid to waste as most Brits say he’s doing a ‘bad job’ – especially on inflation June 23, 2023 Rishi Sunak asked Brits to ‘judge me on my record”, and it seems that’s exactly what people have done, as three quarters think the prime minister is “doing badly” at cutting inflation. A fresh poll by YouGov laid bare the lack of confidence in the PM this morning, after the group surveyed the public on [...]
Prepayment customers twice as likely to go into debt, new data reveals February 20, 2023 People with prepayment meters in their homes have been nearly twice as likely to dip into debt due to the cost of living crisis than others.
Cost of living crisis: UK lawyers braced for talent war and surge in fraud cases January 5, 2023 Lawyers working in top British companies are anticipating a hike in fraud, disputes, and debt recovery cases over 2023 as the UK’s economy takes a turn for the worse, a new survey shows. In-house lawyers expect they will be forced to deal with the fallout of the UK’s cost-of-living crisis as the economic downturn sets [...]