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Households face dismal rise in spending power, says IFS
Pritti Mistry,Business reporterand Archie Mitchell Getty Images Households are facing a “truly dismal” increase in living standards after the Budget, the head of an influential think tank has warned as it accused Labour of breaching its manifesto promise. Average disposable income – a measure of people’s earnings after tax – will rise by just 0.5%…
Bigger than the Shard: Banking giant announces new £10bn office
PA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
Northamptonshire warm spaces open to combat unaffordable bills
PA Media Many people will be having to limit how much heating they use in their homes this winter, said North Northamptonshire Council People in a county are being encouraged to use warm spaces over winter if they need to, with many continuing to face “unaffordable” heating bills, a council said. More than 170 venues…
Onchan residents cite traffic, tourism, and economy as key issues
Originally from Bulgaria, they have lived on the island for more than 14 years and have run a cafe in the town’s Village Walk area for the last three. Matevski said rising stock prices were “crazy”, adding that “every day our suppliers are coming with new prices and we’re trying to survive”. Slavova said: “We…
