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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…
Surrey attractions welcome summer VAT cut on tickets and food
Plans to cut prices at family attractions over the summer holidays will be a “wonderful initiative” to help more people visit, a business has said. Government plans coming into force on Thursday will cut VAT on some tickets to attractions in the UK, with the discount expected to be passed on by businesses to customers….
South Korean workers detained in US raid arrive home
More than 300 South Koreans who were detained in a massive immigration raid at a Hyundai plant in the US state of Georgia have arrived back home. Their return comes as the country’s president and Hyundai’s chief executive have warned about the impact of the raid. A chartered Korean Air jet carrying the workers and…
Jaguar Land Rover restarts some IT systems after cyber-attack
Jaguar Land Rover (JLR) says it has begun a “phased restart” of its operations with parts of its IT system back up and running. The company said it was “working to clear a backlog of payments” to suppliers as it now had increased its processing capacity for invoicing. The carmaker’s production lines have been suspended…
Norwich group challenges people to live on £3 of food a day
Food prices remain a concern and there are fears they could rise following this summer’s extreme weather, which resulted in poor crop yield, and as further climate changes are predicted. A government spokesperson said it is determined to turn the tide on poverty, using schemes including a £1bn Crisis and Resilience Fund to help councils…
