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Energy bills, mortgages and more: How the Iran war may affect your finances
Yet, analysts do not think inflation will return to the peak of 11.1% seen in the UK in October 2022. That is because the war in Ukraine also caused spikes in the prices of basic foodstuffs, such as wheat and edible oil, owing to the role of Ukraine in producing those items. That is not…
Rachel Reeves backs off from plans to raise income tax rates in Budget
Chris Mason,Political editor and Kate Whannel,Political reporter House of Commons Chancellor Rachel Reeves has decided against raising income tax rates at the Budget later this month. In recent weeks, Reeves had given strong indications she would increase the tax – a move that would have broken Labour’s election manifesto promise not to raise “the basic,…
Weleda launches inquiry into Nazi camp skin test claims
Weleda, the natural cosmetics company, has launched a study into its links to a Nazi concentration camp following claims an anti-freeze cream it produced was tested on prisoners. A report by historian Anne Sudrow alleges that the Swiss company ordered raw materials from a garden in the Dachau camp. It also made a cream to…
Should more be done to tackle ghost jobs?
Megan LawtonBusiness reporter AFP via Getty Images One UK study found that 34% of advertised vacancies didn’t really exist The phrase “ghost jobs” might sound like something from Halloween, but it refers to the practice of employers advertising vacancies that don’t exist. In some cases the positions may have already been filled, but in others…
