Tag: Finance

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Inflation Surges Above Bank of England Target in Sharp 2-Year Spike

Inflation has risen above the Bank of England's 2 percent target, causing the cost of living to increase rapidly. After hitting a 41-year high...
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Revealed: National Lottery Winners’ Spending Choices at 30

The National Lottery has been changing lives for 30 years, and new research reveals how millionaires spend their winnings. Holidays and new houses are...
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Addressing Keir Starmer’s Denial of Budget Blame for Mortgage Rate Increase

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...
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November Sees Sharp Drop in Average House Prices

As we head into the final months of 2025, the housing market in Britain is showing some interesting trends. According to a recent report...
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Rachel Reeves Vows to Ease Banking Regulations to Win Over the...

Rachel Reeves, the Chancellor, will address the City tonight with a promise to relax banking regulations that were put in place after the 2008...
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Potential Increase in Council Tax Bills as Labour Maintains Cap

Council tax bills could potentially increase by more than £100 on average next year as Labour has decided to maintain the cap, allowing for...
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Tesco Braces for £1bn National Insurance Increase Amid Price Rise Concerns

Supporting quality journalism is essential in today's world, and The Independent is committed to delivering accurate and unbiased news coverage. With your help, we...
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Bank of England Cuts Interest Rates to 4.75%: Impact on Mortgage...

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%....
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Hornby Announces Sale of Oxford Diecast to Address Financial Losses

Hornby, a company known for its scale models, has recently announced the sale of its subsidiary, Oxford Diecast, in an effort to address financial...
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Impact of Bus Fare Hikes on Working Commuters: A Comparison to...

The recent 50 per cent increase in bus fares, from £2 to £3, has sparked controversy and concern among working commuters who rely on...
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Tuition Fees Increase and Shadow Cabinet Appointment: Live Updates

Sir Keir Starmer is expected to increase university tuition fees for the first time in eight years. Education secretary Bridget Phillipson is expected to...
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Cash Gifts Preferred by Parents for Children, Study Finds

A recent study has found that three in five parents prefer their children to receive cash as a gift for their birthdays. Despite this...
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Balancing the Books: Rachel Reeves’ £40bn Challenge

The election is still neck and neck, with Rachel Reeves facing a tough challenge of filling a £40bn gap in her spending plans without...
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Impax Environmental Markets Assets Decline Amid Hope for Resurgent M&A

Impax Environmental Markets, a leading investment company focused on environmental sustainability, has recently experienced a decline in their assets. This news comes at a...