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UK chancellor Jeremy Hunt prioritises stability over tax cuts FT says Jeremy Hunt, Britain’s chancellor, has issued a message to small-state Tory MPs that they…
Hundreds of thousands paying wrong tax fines Almost 400,000 self-employed Britons on low incomes are being penalised for filing their tax returns late when most…
Royal Mail says strikes have cost them £200m The recent wave of postal strikes that have swept the UK have cost the Royal Mail £200m…
UK car production falls to lowest for 66 years UK car production – the number of cars made in the UK – fell sharply again…
Striking Amazon workers have ‘nothing to lose’ in first UK walkout, says union The Independent says Amazon workers staging their first ever strike in the…
Microsoft has reported ‘new highs for Game Pass subscriptions’ but won’t actually say what they are.
Eurostar carrying 1/3 fewer passengers between UK and Paris The Eurostar boss Gwendoline Cazenave has said its trains between the UK and Paris are carrying…
Controversial…
Elon Musk on trial in fraud case – the controversial $40m tweet A controversial 2018 tweet from Elon Musk has seen the Tesla owner on…
FT – Zahawi fights for political life over tax scandal as Sunak orders ethics review The Financial Times says Mr Zahawi is fighting for his…
‘The UK may already be in what has been one of the mostly widely anticipated recessions in living memory.’
CITY AM – No room for tax cuts in budget CITY AM reports that economists are predicting that tax cuts look unlikely in the upcoming…
FT – Eurozone to avoid recession in 2023 as energy prices and China boost outlook The Financial Times says the eurozone is forecast to defy…
The Economist – Turkey’s looming dictatorship The Economist says TURKEY matters not just for its size, but also as a bellwether of the political forces…
It’s becoming even harder to get an affordable deal.
Financial Times – Central banks vow to stay the course on high rates until inflation is tamed The Financial Times reports that investors have been…
Retail sales fall in December as shoppers cut back on spending The Office of National Statistics released new figures showing retail sales fell by 1% in…
City AM – Let them eat cake London’s business newspaper City AM uses its front page to join in the criticism over the food regulators’…
Broadband bills are expected to rise by 14.4% in April.
Dyson calls UK approach to economy ‘stupid’ Sir James Dyson has called the government’s approach to the economy and business in the UK “stupid” and…
Supermarket’s rise to £13.18 on 1 February puts hourly minimum rate 20% ahead of January 2022 Aldi is increasing pay for UK warehouse workers for…
This online tool will help you discover what is contributing to your household’s cost of living increases Inflation is soaring in the UK as people…
FT – IMF outlook turns brighter as world copes with upheaval Wednesday’s Financial Times paints an optimistic picture of the world’s economy in 2023, with…
Overall food and drink inflation across the eight major supermarkets reached 15% in December, but butters and spreads rose by an ‘astonishing’ 29.4%.
The daily and weekly cap on pay-as-you-go Tube fares will increase by up to 6.7 per cent, depending on how many zones are travelled.