Earning £50,000 a year? Your tax bill is set for a £2,000 hike November 15, 2023 According to research from interactive investor, people earning £50,000 a year will pay an additional £1,967 by 2027 compared to if the tax thresholds had risen in line with inflation.
Eurozone posts robust recovery — but forecast notes EU economy has ‘lost momentum’ November 15, 2023 In its new Autumn forecast, the Commission predicted that the currency union would grow 0.6 per cent in 2023, a downgrade on its previous forecast of 0.8 per cent.
Why the UK should not get carried away by the largest fall in inflation since 1992 November 15, 2023 October's inflation figures do not dramatically change the Bank of England's fundamental narrative, although they may refine it.
Inflation drops below five per cent in boost for Bank of England and Sunak November 15, 2023 Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.
Sterling surges to highest level since mid-September as US inflation falls faster than expected November 14, 2023 The pound jumped higher on Tuesday afternoon after new figures showed that US inflation fell faster than expected in October making further rate hikes in the US unlikely.
As wage growth passes its peak experts are divided on the Bank of England’s next move November 14, 2023 The question is what will happen with wage growth over the coming months. Predictably, economists are divided.
Wage growth beats expectations as inflation beds into UK economy November 14, 2023 In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
Moving markets: What’s shaping the FTSE 100 today November 14, 2023 Chinese bank loan data and UK jobs numbers will shape much of the FTSE 100 and markets action this morning
Activity contracts across three-quarters of UK regions — but London remains ‘bright spot’ November 13, 2023 London remained the UK's top-performing region, with the business activity index coming in at 53.8. The 50-mark separates growth from contraction.
Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement November 13, 2023 The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.