Similar Posts
Highest government borrowing in September for five years
Posted onUK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month’s Budget. Borrowing – the difference between public spending and tax income – was £20.2bn in September, up £1.6bn from the same month last year, the Office for…
Tesco boss warns Reeves against further business taxes
Posted onJosh MartinBusiness reporter Getty Images Tesco expects to make a profit this year of up to £3.1bn The boss of Tesco has warned the government against adding extra costs to UK retailers in the upcoming Budget, saying “enough is enough”. Ken Murphy said he did not want to see a repeat of the last Budget,…
Wage growth slows slightly over summer
Posted onEmer MoreauBusiness reporter Getty Images Wage growth in the UK cooled slightly over the summer, as unemployment ticked up marginally. Average wage growth was 4.7% in the three months to August, down from 4.8% over the three months to July, according to new data from the Office for National Statistics (ONS). The national unemployment rate…
UK sanctions Russia’s oil giants over Ukraine war
Posted onBritain is targeting Russia’s largest oil companies and the country’s “shadow fleet” of oil tankers in a bid to cut off Vladimir Putin’s ability to fund the war in Ukraine. The UK government is also pursuing a major Indian oil refinery and four Chinese oil terminals in a package of 90 new sanctions. Chancellor Rachel…
Pensioners in Gloucestershire fear rising food costs
Posted onDaisy BodkinGloucestershire BBC Ms George says she shops around to find bargains Valerie George, 78, says she can no longer afford the food she used to buy due to the rising prices. Ms George who lives in Abbeydale, Gloucester says she does not buy as much meat any more because she “just can’t afford it”…
