Britons are worst investors in Europe and have £1.8trn sitting idle in savings July 5, 2023 Britons’ are the worst investors in Europe and have around £1.8trn sitting idle in savings accounts, around the entire value of the FTSE 100, a new report released today has found.
Teachers need the help of parents to come out of this time of crisis for education July 5, 2023 Teachers are leaving the profession in droves, and those who aren't are currently on strike. The education sector needs the support of parents to exit from this time of crisis, writes Maria Taylor
FTSE 100 close: London index muted amid Wall Street shut down for 4th July as Wizz Air soars July 4, 2023 London’s FTSE 100 was muted on a quiet trading day globally due to Wall Street being shut for US Independence Day. The capital’s premier index edged 0.10 per cent lower to 7,519.73 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added 0.14 per cent [...]
Public ‘expect’ council staff to work full five-day week, Michael Gove says July 4, 2023 Michael Gove has said people “expect” council staff to be working a full five-day week, amid a row over the government telling a local authority to cease a four-day week trial. The levelling up secretary has said he is a “strong believer” in the rule that council employees should be working Monday to Friday. It [...]
Wine sector reeling as price of a bottle set to be taxed 20 per cent more come August July 4, 2023 Wine lovers will be taxed 20 per cent more on their favourite bottle of red or white in a month’s time, as the government steams ahead with its alcohol duty tax hikes, spelling further pain for customers and businesses. Chancellor Jeremy Hunt announced the measures as part of the Spring Budget back in March, which [...]
Have our global banking and financial systems hit their Uber moment? July 4, 2023 Antony Abell looks at the banking industry and asks if there's a better, more sustainable future that enables broad wealth.
Sunak REFUSES to put percentage on chances of halving inflation this year July 4, 2023 Rishi Sunak has refused to put a percentage figure on his chances of halving inflation this year. The prime minister appeared at parliament’s Liaison Committee this afternoon where he was quizzed by MPs on subjects from Ukraine and national security to the cost of living. It came almost exactly six months after he made his [...]
UK now only rich country where inflation is rising despite Bank of England interest rate hikes July 4, 2023 Britain is now the only rich country where inflation is rising, signalling the Bank of England’s series of interest rate rises have been less effective than its peers’, new data out today shows. Inflation across the Group of Seven (G7) nations fell to 4.6 per cent in May, down from 5.4 per cent in April, [...]
Brits spend £4.1bn drinking beer at home during cost of living and price of a pint crises July 4, 2023 Brits are staying at home and cracking open cold beers from the fridge, as twin cost of living and price of a pint crises change drinkers’ habits. New research out today show a 25 per cent surge in beer sales in supermarkets and shops outside local boozers, during the cost of living crisis. While the [...]
The hypocrisy of crypto regulation – oblivious or nefarious? July 4, 2023 Jason Meyers walks through the SEC's view of regulating cryptocurrency and points out flaws in the design of regulatory compliance.