Tag: Economy

UK Inflation Reaches 2.6% - Calls for Interest Rate StabilityThe United Kingdom is facing a significant economic challenge as inflation reaches its highest level in eight months, standing at 2.6%. This surge in inflation...

Keir Starmer's government is facing opposition from major business organizations as it pushes to create 2 million new jobs for young people. The "Get Britain Working" plan, introduced by work and pensions secretary Liz...

Farmers Protest Labour's Tax Raid on NFU Battle BusAlison Ratcliffe, a 59-year-old farmer, is among the 1,600 NFU members who gathered to lobby MPs against Labour's policy to impose inheritance tax on some farms....

Leading farmers are expressing their frustration with the government's decision to reduce inheritance tax relief on agricultural properties. Around 13,000 farmers gathered in Westminster to protest this move, with many suggesting that more extreme...

The UK is gearing up to restart crucial trade discussions with India at the beginning of next year, aiming to elevate the existing relationship to a new level. Following a meeting between Sir Keir...

Keir Starmer recently expressed his disappointment in the UK's growth figures but denied that his government's budget was to blame for the recent increase in mortgage rates. Starmer emphasized that the budget was aimed...

The recent report by the Social Metrics Commission (SMC) revealed some alarming statistics regarding poverty levels in the UK. More than one in three children and a quarter of adults are currently living in...

Sir Keir Starmer has reiterated his claim that the majority of farms and farmers will not be impacted by the changes to inheritance tax introduced in the Budget, despite growing concerns and protests. The...

As we head into the final months of 2025, the housing market in Britain is showing some interesting trends. According to a recent report from property website Rightmove, the average price of a newly...

Keir Starmer has stood behind the decision to implement inheritance tax on farms, despite the backlash from farmers. A recent analysis has shown that wealthy investors are crowding out farmers in the agricultural land...

Massey Ferguson, a well-known tractor producer, has taken a stand against the recent tax hike imposed on family farms, emphasizing the importance of supporting those who provide food for the nation. The controversial tax...

Governments gathering to create a global agreement on climate finance need to work together and reach a decision this week. The German development minister, Jochen Flasbarth, emphasized the urgency of coming to a resolution...

The former head of the World Trade Organization (WTO), Pascal Lamy, has emphasized the importance of the UK aligning with the European Union on trade and economic policies rather than with the US under...

Keir Starmer, the prime minister, stands firm on his decision to defend Labour's controversial Budget despite mounting pressure to reverse course. The Budget, which has faced significant backlash, will be upheld by Starmer as...

The UK’s unhealthy eating habits are costing the country a staggering £268 billion a year, according to a recent report by the Food, Farming, and Countryside Commission (FFCC). This cost far exceeds the budget...

The governor of the Bank of England, Andrew Bailey, emphasized the need for the UK to rebuild its relations following Brexit during a speech at the annual Mansion House dinner in the City of...

Rachel Reeves, the Chancellor, has promised to reduce bureaucratic obstacles and reverse regulations put in place after the 2008 financial crisis. She believes that these regulations have hindered economic growth rather than eliminate risks...

Rachel Reeves, the Chancellor, will address the City tonight with a promise to relax banking regulations that were put in place after the 2008 financial crisis. She aims to rebuild trust with the financial...

Council tax bills could potentially increase by more than £100 on average next year as Labour has decided to maintain the cap, allowing for a maximum rise of 4.99 percent. This news comes as...

Britain experienced a significant increase in net migration last year, surpassing many other developed economies, according to the Organisation for Economic Co-operation and Development (OECD). This news comes as a surprise to those who...

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The Bank of England recently made headlines by cutting interest rates for the second time this year, bringing the base rate down to 4.75%. This move follows a previous cut in August, marking the...

New research indicates that small and medium-sized enterprises (SMEs) in the UK have the potential to significantly boost the economy by investing in new technology. The research suggests that if SMEs prioritise investment in...

Donald Trump and Elon Musk had a lengthy and contentious interview, where Trump revisited some of his most controversial views. The interview, which aired on Musk's network, experienced technical difficulties at the start, causing...

Reeves criticizes what he calls the "worst inheritance" in order to justify proposed spending cuts. He argues that the current level of government debt is unsustainable and that tough decisions need to be made...

The Olympics have always been a symbol of unity and sportsmanship, but the 1948 London Olympics, also known as the 'Austerity Olympics', held a special significance. Coming just after the end of World War...