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Call for probe into possible market abuse in Budget run-up
Shadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…
Fuel poverty will tighten grip in Hull this winter, charity says
Charis Scott-HolmEast Yorkshire and Lincolnshire PA Media Citizens Advice says people are still struggling to afford to heat their homes Citizens Advice is expecting a “surge in demand” for its services this winter, as people who are already struggling with fuel debt face further bills. The organisation said half of the 1,000 people it saw…
Badenoch ‘worried’ UK may need IMF bailout
Kemi Badenoch has said she is “really worried” that the UK might be forced to embark on a 1976-style bailout from the International Monetary Fund. The Conservative leader told BBC Newsnight that the UK could be forced to go “cap in hand” to the IMF unless the government delivers a plan for economic growth. She…
Charity welcomes living wage rise in January
A social action charity has welcomed the decision to increase the living wage in Jersey to £15.10 per hour in 2026. The new rate was approved this week and will come into effect at the beginning of January. The living wage is £1.51 higher than Jersey’s minimum wage which is set to increase to £13.59…
Rachel Reeves suggests family benefit limits will be lifted
Paul SeddonPolitical reporter Rachel Reeves: I don’t think it’s right that a child is penalised for being in a bigger family Rachel Reeves has suggested she favours removing limits on benefits linked to family size at next month’s Budget. The chancellor told the BBC it was not right that children in bigger families were “penalised”…
