One in ten part-time retail jobs at risk from changes to tax thresholds February 26, 2025 A leading retail body has warned that up to 160,000 part-time jobs could be at risk over the next three years due to the rising cost of employment. Part-time roles are particularly susceptible to tax changes announced at the Budget. Retailers will be taxed on any employee earning more than £5,000, down from the current [...]
Spring could prove to be an economic washout February 26, 2025 A modest burst of warm weather towards the end of last week may have coaxed the snowdrops and bluebells into life but don’t go dusting off the BBQ, as the cold isn’t done with us yet. Meteorologically speaking, Spring kicks in on 1 March but forecasters say the first month of the new season is [...]
Why clubs – not schools – are key to solving the youth crisis February 26, 2025 Youth clubs were great levellers of the 1980s and 90s. A new wave would go a long way in tackling today's youth crisis, writes Eliza Filby.
Ofgem: Energy price cap will rise in April February 25, 2025 Households will pay an extra £9.25 for their electricity each month from April as Ofgem increases its energy price cap by 6.4 per cent. The price cap – which sets a maximum rate per unit and standing charge that can be billed to customers for their energy use – will rise by £111 for an [...]
Jack up bills to meet electricity demand, says infrastructure quango February 21, 2025 The National Infrastructure Commission (NIC) has called for further bill hikes and a shake-up of the way the UK’s electricity network is regulated to meet rapidly increasing demand for power. Current regulation by Ofgem is “too complex” and discourages operators from making the “proactive investments” needed to improve the network’s capacity, the government’s independent adviser [...]
Consumers’ outlook on the economy drops for fifth month in a row February 20, 2025 Consumer confidence has dipped again in the UK, with Brits’ outlook on the state of the economy dropping for the fifth month in a row. Public expectations for the economy over the next three months worsened to -37 in February, down from -34 in January. Brits’ personal financial outlook dropped to -11 in February, down [...]
How will inflation impact Bank of England interest rate decisions February 19, 2025 The first inflation figures of the year confirmed what many had already known: Inflation will rise significantly in 2025.
‘Alarm bells’ for Bank of England as inflation accelerates to three per cent February 19, 2025 Inflation picked up faster than expected at the start of the year, official data shows, as concerns grow about the persistence of price pressures in the economy. The headline rate of inflation picked up to 3.0 per cent in January, according to new figures from the Office for National Statistics (ONS). This was up from [...]
City braces for inflation rebound February 17, 2025 City analysts expect the headline rate of inflation to rise to 2.8 per cent, up from 2.5 per cent in December.
After Allbright, is there a future for women-only members clubs? February 14, 2025 Allbright is just the latest women's members club forced to shut up shop in London, which begs the question: do women even still want them?