Economy
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Business optimism tumbles amid soaring costs
Business optimism has slumped, a closely-watched survey showed on Thursday, after cost inflation soared to fresh highs. The flash reading for March’s…
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Sunak gambles with election-year tax cut as poor face living squeeze
UK Finance Minister Rishi Sunak placed a long-term bet on the 2024 General Election by pledging a cut in income taxes, while…
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Sunak gambles with election-year tax cut as poor face living cost squeeze
UK Finance Minister Rishi Sunak placed a long-term bet on the 2024 General Election by pledging a cut in income taxes, while…
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US new home sales unexpectedly drop in February
Sales of new US single-family homes unexpectedly fell in February, according to figures released on Wednesday by the Commerce Department. New home…
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UK govt raises NI contributions threshold
The UK government on Wednesday lifted the national insurance (NI) threshold in an attempt to deflect criticisms from the upcoming manifesto-busting rise…
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Sunak to cut income tax basic rate by 1p in 2024
UK Finance Minister Rishi Sunak said the the basic rate of income tax by would be cut by 1p in the pound…
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UK govt lowers 2022 & 2023 growth forecasts
UK economic growth this year and in 2023 will be slower than forecast at last autumn’s budget, as rising inflation and the…
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UK govt cuts fuel duty by 5p a litre
The UK government said it was cutting fuel duty by 5p per litre, at cost of £5bn, with the reduction to take…
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Strong house price growth continues near 10pc in January
Strong growth in house prices continued at the start of 2022, with official data released on Wednesday showing a near-10% jump in…
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UK inflation hits new 30-year high
UK inflation hit a new 30-year high in February as the cost of living crisis intensified, according to data released on Wednesday…

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