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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…
Dawn Limbu,West of Englandand Nicky Price,Gloucestershire Tzara Spurrier Tzara Spurrier, pictured in the middle, is hosting a free toy swap for local families A mum of two from Gloucestershire is hosting a free toy swap to help families budget for Christmas. Tzara Spurrier and her sister Maria will host the event from 10:30 – 13:00…
Organisers of a Christmas toy appeal are urging people to donate to the project if they are able to, so they can give gifts to thousands of children living in extreme hardship in north and east London. The Hackney Local Buyers Club is running its 12th annual appeal, but fear donations will drop due to…
Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
Thousands of Airbus planes have been grounded after it was discovered that intense solar radiation could interfere with onboard flight control computers, leading to delays around the world. Around 6,000 A320 planes are thought to be affected, half the European firm’s global fleet, but it is understood most will be able to fly again after…
The owner of a small pub chain in the south east of England has said his costs will rise by £62,000 per year after changes announced in the Budget. Phil Thorley, who runs the Thorley Taverns pub group, said business rates – a tax on commercial properties – will rise for 17 of his 18…
Paul SeddonPolitical reporter PA Media The education secretary has defended Labour’s U-turn over offering all workers the right to claim unfair dismissal from their first day in a job. Instead, ministers now plan to reduce the qualifying period from the current two years to six months, in line with a deal agreed by some unions…
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…
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%…
