Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
From Rwanda to inflation, Sunak has tied himself to pledges he can’t control November 16, 2023 Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville
It would be senseless to delay a tax supported by greenies and the steel industry November 16, 2023 Implausible though it sounds, businesses in Britain are clamouring for a new tax this Autumn Statement. Even more unlikely, both heavy industry and environmentalists are aligned in wanting it. That’s right, the unsexily-titled carbon border adjustment mechanism (which parades around the punchy acronym CBAM) has managed a feat few thought possible: the union of greenies [...]
Will Celsius rise again with the lifting of its Chapter 11 protection? November 15, 2023 Celsius Network has received court approval for a restructure that will return cryptocurrency to customers and establish a new company.
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.
Labour: Cameron showed ‘incredible naivety towards China’ November 15, 2023 Labour’s Jonathan Reynolds has described newly appointed foreign secretary Lord David Cameron as showing “incredible naivety towards China”.
London rents see biggest jump on record amid landlord exodus November 15, 2023 Private rental prices in London saw their biggest jump since 2006 in October, rising 6.8 per cent year-on-year up from 6.2 per cent the prior month, according to the latest reading from the ONS. The figure is significantly less than the amount forked out by tenants across the rest of the UK. Rents across the [...]
Inflation figures may be good news for Sunak, but millions will still be left poorer November 15, 2023 The economy may cheer today's inflation figures, but the cost of living crisis is far from over for millions of Brits, writes Rocio Concha
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.