Economy

Burnham gets his first piece of good news As Andy Burnham prepares to take over as the UK’s next Prime Minister, he has already received an early political boost. Newly released figures from the Office for National Statistics show that the UK economy performed better than expected in May, offering positive news as he gets […]

2 days ago

The deal is not as good as it may seem A major British bank is offering mortgages to first-time buyers who have a deposit of just £5,000 – but experts are warning the deal may not be as good as it seems. Lloyds is the first major bank to offer the deal in the UK, […]

2 months ago

Millions are set for a pay rise The national minimum wage and national living wage will go up tomorrow – and here’s how much people will earn. The increase was confirmed last year on the eve of the Autumn Budget, which ended up being leaked accidently by the OBR, before Rachel Reeves could. Taking to […]

3 months ago

The analysis also found that the average Briton has seen a hit to GDP per head of between £2,700 and £3,700 Brexit is costing the UK up to £90bn in lost tax revenues every year, according to new analysis. This week, Rachel Reeves delivered her autumn budget in which she announced £26bn in tax rises. […]

8 months ago

Millions are set for a pay rise The national minimum wage and national living wage are set to go, Keir Starmer announced last night (25 Nov). The prime minister confirmed the news on the eve of the Autumn Budget, which was announced today by the OBR…no sorry, by Rachel Reeves. Taking to X last night, […]

8 months ago

Welcome to our coverage of the Autumn Budget. We’ll be bringing you live updates as they come. The major talking point already is the Office for Budget Responsibility (OBR) has published its economic and fiscal outlook before Rachel Reeves delivers her Budget, in what appears to be an error. On Wednesday afternoon, the chancellor will […]

8 months ago