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Rail fares to be frozen in England next year
Posted onRail fares in England next year are to be frozen for the first time in 30 years, the government has announced. The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns. The most recent fare rise, in March 2025, was 4.6%. Rail fares traditionally have gone up in…
US Fed holds interest rates and defends central bank independence
Posted onTwo Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
ITV hits such as Im a Celebrity to stay free to watch after takeover, says Sky boss
Posted onIn a statement announcing the deal, Sky said the UK media market was undergoing “a profound and rapid transformation, and as competition for audiences intensifies, scale matters more than ever in order to compete with global streaming giants and YouTube in the UK”. The chief executive of ITV, Dame Carolyn McCall, also said the deal…
Reform proposes £30 tax rebate for HMRC phone delays
Posted onPeople on hold to HM Revenue and Customs (HMRC) for more than 30 minutes would get £30 off their tax bill under a Reform UK government, Robert Jenrick has announced. Reform’s economy spokesman said HMRC’s treatment of taxpayers was “offensive to working people” and his party would tie the pay of senior HMRC officials to…
Trump touts upbeat message on cost of living as Americans feel the pinch
Posted onDanielle Kayeand Natalie Sherman Watch: Trump claims “prices are coming down” at a rally in Pennsylvania President Donald Trump has told a campaign-style rally that consumer prices are falling “tremendously”, as he seeks to allay voter anxiety about the cost of living in the US. In a speech at a casino in the battleground state…
Nine ways the Budget could affect you if youre under 25
Posted onArchie MitchellBusiness reporter Getty Images The chancellor has announced her Budget which includes a freeze to income taxthresholds, a rise in minimum wages and a so-called milkshake tax. Here are nine ways Chancellor Rachel Reeves’ Budget might affect you if you are 25 or under. Minimum wage workers will benefit Minimum wages will go up…
