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FTSE 100 index hits 10,000 milestone in new year rally
Posted onThe FTSE 100 index has climbed above 10,000 points for the first time, passing a significant stock market milestone, on the first trading day of the year. Shares included in the index performed strongly in 2025, leaving the benchmark more than 21% higher than a year ago, when it stood at just over 8,260. Rising…
Rachel Reeves backs off from plans to raise income tax rates in Budget
Posted onChris 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,…
Britons booking later, closer, shorter UK breaks, travel firms say
Posted onElaine Doran & Colletta Smith Cost of living producer & correspondent Getty Images UK holidaymakers are leaving it later to book shorter stays closer to home, travel firms are reporting. The trend is down to people trying to save money while making the most of hot weather, some of the UK’s biggest holiday companies have…
