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UK economy grew slightly in August ahead of key Budget
Posted onNick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
China’s economic growth slows as trade tensions with US flare up
Posted onOsmond ChiaBusiness reporter Getty Images The 4.8% growth in the third quarter marked a slowdown from 5.2% in the three months to July China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy…
Trump’s global tariffs ‘victory’ may come at a high price
Posted onBBC In April Donald Trump stunned the world by announcing sweeping new import tariffs – only to put most on hold amid the resulting global financial panic. Four months later, the US president is touting what he claims are a series of victories, having unveiled a handful of deals with trading partners and unilaterally imposed…
Ed Miliband hints at cut to VAT on energy bills
Posted onBecky MortonPolitical reporter BBC The government is looking at the possibility of cutting the rate of VAT on energy bills, Ed Miliband has suggested. The energy secretary said he would not speculate ahead of the chancellor’s Budget in November. But asked if the government would consider scrapping the 5% rate, he told the BBC the…
Our son cant come home for Christmas after insulation mould took over
Posted onZoe ConwayNews Correspondent Family tells the BBC of the ongoing impact of botched insulation Tony and Becs Wadley say they can’t spend Christmas at home after insulation installed under a government scheme has caused black mould in several rooms, and their asthmatic son can’t be inside the property. Mr Wadley says the situation is tearing…
