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      HMRC ‘flying blind’ on over 1.2m tax demands after failing to track error rates 

      HMRC overcharged pensioners thousands

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21119 Search results for Inflation

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  • Borrowing costs jump after Burnham ‘fiscal flexibility’ remarks

    July 20, 2026

    The government’s borrowing costs climbed sharply on Monday afternoon after Andy Burnham said he planned to juice government borrowing by taking advantage of “flexibility” in the current fiscal rules. The new Prime Minister told reporters that his administration would use all potential room within the self-imposed spending straitjacket, which he had promised not to loosen [...]

  • Burnham’s Thatcherism jibes are just tired socialist talking points

    July 20, 2026

    Oasis caution against looking back in anger, yet the narrative Manchester’s other favourite son rehearsed in his first speech as Prime Minister was based on hackneyed old grievances, says Alys Denby Here we go again. Britain has gone through as many prime ministers in the last 10 years as it did in the previous 37 [...]

  • New CultureLab Findings Show Culturally Relevant Brands Worth Nearly Three Times More

    July 20, 2026

    As CMOs get less for every media dollar they spend and as brand investment in creators grows, new research reveals what the world's most valuable brands are doing differently

  • Big Yellow slashes staff and turns to automation after Reeves’ business rates blow

    July 20, 2026

    Big Yellow continued to trim its headcount and hike investment into automation in a bid to cut staff costs, as the company continues to deal with the fallout of Reeves’ decision to hike business rates. The Chancellor’s decision to increase both national insurance and minimum wage in the 2024 Autumn Budget, caused the group to [...]

  • Victory wasted: The cautionary tale of Keir Starmer

    July 20, 2026

    Keir Starmer sold himself as a non-politician, and proved again and again why political skills matter, writes Eliot Wilson.

  • Temporary inflation slowdown set to boost Burnham

    July 19, 2026

    Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.  The headline rate of Consumer Prices Index (CPI) inflation is tipped to have eased from 2.8 per cent in May to 2.6 per cent in June, according to some economists.  The latest rate of inflation will [...]

  • Burnham risks £4bn bill in Thames Water special administration

    July 19, 2026

    Andy Burnham’s plans to push Thames Water into special administration could leave the taxpayer to foot a £4bn bill.  The incoming Prime Minister is facing a crunch decision over how to deal with the struggling utility and is expected to use a special administration regime (SAR) to keep it running until a buyer is found.  [...]

  • IMF warns Bank of England against cutting interest rates

    July 17, 2026

    The Bank of England must keep interest rates on hold for as long as risks from the Iran war persist, the International Monetary Fund has said. In its annual temperature check of Britain’s economic outlook, the fund warned rate setters to keep monetary policy “sufficiently restrictive” to avoid sparking a painful bout of inflation that [...]

  • The pensions triple lock is a travesty. Our politicians must fess up

    July 16, 2026

    We report this week that the OECD has added itself to a growing list of institutions warning over the sustainability of Britain’s triple lock pensions system, the policy that guarantees the state pension rises annually by the highest of inflation, earnings growth or 2.5 per cent. The triple lock, the Paris-based OECD warns, is “unusually [...]

  • UK economy grows despite Iran war hit

    July 16, 2026

    The UK economy grew marginally in May after strong performance in parts of the services sector helped soften the impact of Iran war and narrowly prevented a contraction. Fresh figures from the Office for National Statistics (ONS) have revealed the economy grew 0.1 per cent in May, broadly in line with market expectations. The services [...]

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